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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Logansport at 1231 East Broadway, Logansport, IN, 46947 at $184,600 posts ROI 33.66% with $701/mo cash flow from $1,998/mo rent. Total monthly income equals $1,998/mo, and annual cash flow records $8,415/yr on $61,195 to close. Return on cash invested measures 33.66% and rental yield reads 12.99% at the current $184,600. Equity gained on principal adds $1,191/yr, and 5% annual appreciation supports $51,002 by year five. Five-year ROI prints 177.74% and total cumulative return in cash totals $108,765.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,998/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
5,225 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46947, Logansport, IN area.
| 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 |
Residential
11,475
Single Family
10,917
Multi-Family
558
Businesses
890
Date | Event | Price |
|---|---|---|
| 2014-04-01 | Sold | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $3789.00 | 4.38% | $136,500 | 8.08% |
| 2023-11-02 | $3630.00 | 19.57% | $126,300 | 4.38% |
| 2022-11-02 | $3036.00 | 8.93% | $121,000 | 19.57% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
