Taylor Plan, Grasslands 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
Rental property for sale in Fort Wayne at Taylor Plan, Grasslands at Broad Acres, Fort Wayne, IN, 46818 generates $2,279/mo in rent and, after a $1,502/mo payment, leaves $437/mo in cash flow. Total monthly income is $2,279/mo, and annual cash flow is $5,242/yr on $101,737 invested. Return on cash invested sits at 25.06% in year one, and rental yield is 8.91% on a $306,900 entry. Equity gained on principal adds $1,980/yr, while 5% annual appreciation builds toward $84,791 over five years. Five-year ROI reaches 130.22% and total cumulative return in cash sums $132,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,279/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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: Stacey Kreigh • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A