








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 Springfield I Plan, Cypress Pointe, Fort Wayne, IN, 46818 uses $80,322 cash to close to unlock $1,769/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $1,619/mo, and a $1,186/mo payment keeps the spread at $147/mo. Purchase price stands at $242,300, and rental yield measures 8.02% with $1,619/mo rent. Return on cash invested shows 22.11% in year one, and 5% annual appreciation builds toward $66,943 over five years. Five-year ROI reaches 114.53% and total cumulative return in cash records $91,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,619/mo property income covering a $1,186/mo payment rather than investor’s personal income.
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 | $242,300 |
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