Lancia's Riverdale II Plan, Cypress Pointe, Fort Wayne, IN, 46818 | $693/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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Lancia's Riverdale II Plan, Cypress Pointe, Fort Wayne, IN, 46818 | $693/mo Cash Flow | Ziffy

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fort Wayne at Lancia's Riverdale II Plan, Cypress Pointe, Fort Wayne, IN, 46818 priced at $261,400 pairs $2,279/mo rent with $693/mo cash flow after a $1,279/mo payment. Total monthly income equals $2,279/mo, and annual cash flow comes to $8,319/yr on $86,654 invested. Return on cash invested is 29.51% in year one, and rental yield stands at 10.46% on a $261,400 basis. Equity gained on principal adds $1,687/yr, and 5% annual appreciation accumulates to $72,220 by year five. Five-year ROI measures 154.2% and total cumulative return in cash reaches $133,621. For financing, Ziffy Mortgage’s DSCR program evaluates $2,279/mo property income against a $1,279/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

$17 monthly HOA

More details about the property

THIS IS A SAMPLE PLAN - THIS IS NOT A HOME FOR SALE. Lancia's Riverdale II has a very open first floor with all bedrooms upstairs. Large walk-in Pantry has wood shelving. Kitchen island with breakfast bar overlooks Nook and large Great Room. Office or Bonus Room off Foyer with french doors. Laundry room upstairs. Large Owner Suite Bedroom 1 has walk-in closet, dual sink vanity, and 5' shower. *Base price does not include land

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