Lancia's Van Buren Plan, Verona LakesFort WayneIN46814
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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 Van Buren Plan, Verona Lakes, Fort Wayne, IN, 46814 offers a 8.15% rental yield on a $221,500 purchase with $1,504/mo rent. Total monthly income registers $1,504/mo, and a $1,084/mo payment leaves $137/mo available for distribution. Annual cash flow reaches $1,638/yr on $73,427 to close, and return on cash invested stands at 22.14% in year one. Equity gained on principal adds $1,429/yr while 5% annual appreciation supports $61,196 over five years. Portfolio math shows five-year ROI at 114.83% and total cumulative return in cash at $84,314. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,504/mo property income against a $1,084/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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 |
Housing Distribution
Address Breakdown
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
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Listed by: N/A • Lancia Homes
Mls Name: Lancia Homes
Mls ID: #N/A