The Welara Plan, The Ranch 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 The Welara Plan, The Ranch at Broad Acres, Fort Wayne, IN, 46818 priced at $272,000 pairs $1,619/mo rent with after a $1,331/mo payment. Total monthly income equals $1,619/mo. Return on cash invested is 19.12% in year one, and rental yield stands at 7.14% on a $272,000 basis. Equity gained on principal adds $1,755/yr, and 5% annual appreciation accumulates to $75,149 by year five. Five-year ROI measures 98.59% and total cumulative return in cash reaches $88,901. For financing, Ziffy Mortgage’s DSCR program evaluates $1,619/mo property income against a $1,331/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
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 • Carriage Place Homes, Inc
Mls Name: Carriage Place Homes, Inc
Mls ID: #N/A