1050 N 200 ELogansportIN46947
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $2,165/mo, and a $2,251/mo payment. Purchase price stands at $459,900, and rental yield measures 5.65% with $2,165/mo rent. Return on cash invested shows 15.22% in year one, and 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 77.46% and total cumulative return in cash records $118,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,165/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1966
3.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46947, Logansport, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,221 (100%) |
| Owner Occupied HU | 7,740 (63.3%) |
| Renter Occupied HU | 3,344 (27.4%) |
| Vacant Housing Units | 1,137 ( 9.3%) |
| Median Home Value | $138,268 |
| Average Home Value | $164,868 |
Housing Distribution
Address Breakdown
Residential
11,475
Single Family
10,917
Multi-Family
558
Businesses
890
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terry E Rogers • Rogers Auction & Real Estate
Mls Name: IRMLS
Mls ID: #202548842