Lancia's Springfield II Plan, Verona Lakes, Fort Wayne, IN, 46814 | $958/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
3 Bath
2415 sft

ELM Plan, Livingston Lakes, Fort Wayne, IN, 46818

3 Bed
2 Bath
1543 sft

6908 Hillsboro Ct, Fort Wayne, IN, 46835

3 Bed
2 Bath
1300 sft

1633 Midsummer Night Cv, Fort Wayne, IN, 46818

3 Bed
2 Bath
1432 sft

3914 Maplecrest Rd, Fort Wayne, IN, 46815

Nearby investment properties with comparable prices

Lancia's Franklin II Plan, Victoria Lakes, New Haven

3 Bed
2 Bath
1415 sft

Lancia's Franklin II Plan, Victoria Lakes, New Haven, New Haven, IN, 46774

3 Bed
2 Bath
1415 sft

Lancia's Franklin II Plan, Weatherstone, Fort Wayne, IN, 46845

Lancia's Franklin II Plan, Lakes at Broad Acres

3 Bed
2 Bath
1415 sft

Lancia's Franklin II Plan, Lakes at Broad Acres, Fort Wayne, IN, 46818

Lancia's Franklin II Plan, Cypress Pointe

3 Bed
2 Bath
1415 sft

Lancia's Franklin II Plan, Cypress Pointe, Fort Wayne, IN, 46818

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Fort Wayne at Lancia's Springfield II Plan, Verona Lakes, Fort Wayne, IN, 46814 priced at $253,000 converts $2,514/mo rent into $958/mo cash flow after a $1,238/mo obligation. Total monthly income equals $2,514/mo, and annual cash flow totals $11,491/yr on $83,870 invested. Return on cash invested prints 33.61% in year one, and rental yield reads 11.92% against a $253,000 entry. Equity gained on principal adds $1,633/yr, while 5% annual appreciation compiles into $69,899 by year five. Five-year ROI reaches 176.28% and total cumulative return in cash sums $147,844. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,514/mo property income covering a $1,238/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

$38 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,381 (100%)
Owner Occupied HU	5,599 (87.7%)
Renter Occupied HU	570 ( 8.9%)
Vacant Housing Units	212 ( 3.3%)
Median Home Value	$387,258
Average Home Value	$434,010