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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% |
Rental property for sale in Logansport at 1614 Wright St, Logansport, IN, 46947 priced at $140,000 pairs $1,241/mo rent with $401/mo cash flow after a $685/mo payment. Total monthly income equals $1,241/mo, and annual cash flow comes to $4,810/yr on $46,410 invested. Return on cash invested is 30.27% in year one, and rental yield stands at 10.64% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 158.16% and total cumulative return in cash reaches $73,402. For financing, Ziffy Mortgage’s DSCR program evaluates $1,241/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
9,147 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 |
|---|---|---|
| 2025-02-14 | Sold | $140,000 |
| 2025-02-05 | Pending sale | $150,000 |
| 2024-08-20 | Price change | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1114.00 | 13.44% | $58,500 | 5.41% |
| 2023-11-02 | $982.00 | 18.17% | $55,500 | 13.50% |
| 2022-11-02 | $831.00 | 11.84% | $48,900 | 18.12% |
Listed by: Jason Carter • MPR Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202429290
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.
