Lancia's Lincoln III Plan, Lakes at Broad AcresFort WayneIN46818
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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 Lincoln III Plan, Lakes at Broad Acres, Fort Wayne, IN, 46818 uses $74,256 cash to close to unlock $2,493/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $1,598/mo, and a $1,096/mo payment keeps the spread at $208/mo. Purchase price stands at $224,000, and rental yield measures 8.56% with $1,598/mo rent. Return on cash invested shows 23.27% in year one, and 5% annual appreciation builds toward $61,887 over five years. Five-year ROI reaches 120.89% and total cumulative return in cash records $89,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,598/mo property income covering a $1,096/mo payment rather than investor’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$46 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,825 (100%) |
| Owner Occupied HU | 7,623 (77.6%) |
| Renter Occupied HU | 1,718 (17.5%) |
| Vacant Housing Units | 484 ( 4.9%) |
| Median Home Value | $245,867 |
| Average Home Value | $263,378 |
Housing Distribution
Address Breakdown
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
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Listed by: N/A • Lancia Homes
Mls Name: Lancia Homes
Mls ID: #N/A