Lancia's Franklin II Villa Plan, Majestic Water VillasFort WayneIN46825
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fort Wayne at Lancia's Franklin II Villa Plan, Majestic Water Villas, Fort Wayne, IN, 46825 at $300,000 posts ROI 27.15% with $601/mo cash flow from $2,401/mo rent. Total monthly income equals $2,401/mo, and annual cash flow records $7,206/yr on $99,450 to close. Return on cash invested measures 27.15% and rental yield reads 9.6% at the current $300,000. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 141.47% and total cumulative return in cash totals $140,688.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,401/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46825, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 7,944 (58.1%) |
| Renter Occupied HU | 4,937 (36.1%) |
| Vacant Housing Units | 797 ( 5.8%) |
| Median Home Value | $237,440 |
| Average Home Value | $265,249 |
Housing Distribution
Address Breakdown
Residential
13,252
Single Family
11,288
Multi-Family
1,964
Businesses
1,404
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Listed by: Lancia Homes • Lancia Homes
Mls Name: Lancia Homes
Mls ID: #N/A