








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fort Wayne at Lancia's Mandalay Plan, Cypress Pointe, Fort Wayne, IN, 46818 with 5% annual appreciation on a $235,100 basis while $1,619/mo rent supports operations. Total monthly income totals $1,619/mo and a $1,151/mo payment preserves $190/mo for cash returns. Annual cash flow comes to $2,285/yr on $77,936 deployed, and return on cash invested reaches 22.84% in year one. Equity gained on principal adds $1,517/yr, and five-year appreciation sums $64,954 alongside rental yield of 8.26%. Five-year ROI measures 118.45% and total cumulative return in cash totals $92,316.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,619/mo property income versus a $1,151/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$17 monthly HOA
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
| 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 |
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Listed for sale | $235,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Lancia Homes
Mls Name: Lancia Homes
Mls ID: #N/A