








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


Rental property for sale in Fort Wayne at Lancia's Springfield II Plan, Cypress Pointe, Fort Wayne, IN, 46818 offers $2,279/mo rent that, after a $1,238/mo payment, leaves $744/mo cash flow. Total monthly income is $2,279/mo, and annual cash flow is $8,923/yr on $83,870 cash. Return on cash invested measures 30.55% in year one, and rental yield stands at 10.81% at a $253,000 entry. Equity gained on principal adds $1,633/yr while 5% annual appreciation compounds into $69,899 by year five. Five-year ROI records 159.75% and total cumulative return in cash reaches $133,984. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,279/mo property income versus a $1,238/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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 | $253,000 |
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