Lancia's Noah Shane II 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 Noah Shane II Plan, Lakes at Broad Acres, Fort Wayne, IN, 46818 offers a 9.03% rental yield on a $302,700 purchase with $2,279/mo rent. Total monthly income registers $2,279/mo, and a $1,482/mo payment leaves $416/mo available for distribution. Annual cash flow reaches $4,986/yr on $100,345 to close, and return on cash invested stands at 24.88% in year one. Equity gained on principal adds $1,953/yr while 5% annual appreciation supports $83,630 over five years. Portfolio math shows five-year ROI at 129.46% and total cumulative return in cash at $129,908. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,279/mo property income against a $1,482/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
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