Lancia's Springfield I 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 Springfield I Plan, Lakes at Broad Acres, Fort Wayne, IN, 46818 offers a 8.44% rental yield on a $242,300 purchase with $1,704/mo rent. Total monthly income registers $1,704/mo, and a $1,186/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,441/yr on $80,322 to close, and return on cash invested stands at 22.95% in year one. Equity gained on principal adds $1,564/yr while 5% annual appreciation supports $66,943 over five years. Portfolio math shows five-year ROI at 119.17% and total cumulative return in cash at $95,716. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,704/mo property income against a $1,186/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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