Lancia's Springfield II Plan, Cypress Pointe, Fort Wayne, IN, 46818 | $744/mo Cash Flow

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Lancia's Springfield II Plan, Cypress Pointe, Fort Wayne, IN, 46818 | $744/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 Springfield II Plan, Cypress Pointe, Fort Wayne, IN, 46818 priced at $253,000 pairs $2,279/mo rent with $744/mo cash flow after a $1,238/mo payment. Total monthly income equals $2,279/mo, and annual cash flow comes to $8,923/yr on $83,870 invested. Return on cash invested is 30.55% in year one, and rental yield stands at 10.81% on a $253,000 basis. Equity gained on principal adds $1,633/yr, and 5% annual appreciation accumulates to $69,899 by year five. Five-year ROI measures 159.75% and total cumulative return in cash reaches $133,984. For financing, Ziffy Mortgage’s DSCR program evaluates $2,279/mo property income against a $1,238/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 Homes lofted Springfield II has 1,982sq.ft, 4 Bedrooms, 2 Baths with the Owner Suite on the Main. Great Room, Kitchen and nook are open. Great Room has a vaulted ceiling open to the loft above. Upgrade to a closed off loft-office for another bedroom or closed office! A full basement is available. *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