Lancia's Wingate II 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 Wingate II Plan, Lakes at Broad Acres, Fort Wayne, IN, 46818 with 5% annual appreciation on a $196,900 basis while $1,519/mo rent supports operations. Total monthly income totals $1,519/mo and a $964/mo payment preserves $291/mo for cash returns. Annual cash flow comes to $3,489/yr on $65,272 deployed, and return on cash invested reaches 25.25% in year one. Equity gained on principal adds $1,271/yr, and five-year appreciation sums $54,400 alongside rental yield of 9.26%. Five-year ROI measures 131.57% and total cumulative return in cash totals $85,879.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,519/mo property income versus a $964/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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