1801 North StLogansportIN46947
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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
Investment property for sale in Logansport at 1801 North St, Logansport, IN, 46947 at $119,000 posts ROI 31.47% with $380/mo cash flow from $1,116/mo rent. Total monthly income equals $1,116/mo, and annual cash flow records $4,561/yr on $39,449 to close. Return on cash invested measures 31.47% and rental yield reads 11.25% at the current $119,000. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 by year five. Five-year ROI prints 164.95% and total cumulative return in cash totals $65,069.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,116/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
2,178 sqft 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
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Listed by: Steve D Schwering • Schwering Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508812
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.