1726 Buchanan StLogansportIN46947
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
Rental property for sale in Logansport at 1726 Buchanan St, Logansport, IN, 46947 priced at $142,500 pairs $1,186/mo rent with $331/mo cash flow after a $697/mo payment. Total monthly income equals $1,186/mo, and annual cash flow comes to $3,973/yr on $47,239 invested. Return on cash invested is 28.32% in year one, and rental yield stands at 9.99% on a $142,500 basis. Equity gained on principal adds $920/yr, and 5% annual appreciation accumulates to $39,370 by year five. Five-year ROI measures 147.8% and total cumulative return in cash reaches $69,819. For financing, Ziffy Mortgage’s DSCR program evaluates $1,186/mo property income against a $697/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.46 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: Stephanie Helton • Rogers Auction & Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515136
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.