








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 15 Frederick St, Logansport, IN, 46947 earns $287/mo cash flow from $2,989/mo rent with a $2,203/mo payment. Total monthly income totals $2,989/mo, and annual cash flow totals $3,447/yr on $149,175 capital. ROI tracks 22.22% on current figures, and rental yield reads 7.97% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 115.01% and total cumulative return in cash sums $171,570. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,989/mo property income instead of your personal income.
Single Family
Built in 1900
3.72 Acres 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 |
|---|---|---|
| 2025-01-09 | Sold | $450,000 |
| 2024-11-02 | Listed for sale | $469,900 |
| 2024-10-25 | Listing removed | $469,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $2860.00 | 11.15% | $410,200 | 35.42% |
| 2023-11-02 | $2573.00 | 37.30% | $302,900 | 10.95% |
| 2022-11-02 | $1874.00 | 190.24% | $273,000 | 35.28% |



Listed by: Shelly Dyer • Dyer Homes, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202307570
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.