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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 201 Angelo Dr, Logansport, IN, 46947 with 5% annual appreciation on a $540,000 basis while $2,953/mo rent supports operations. 11% in year one. Equity gained on principal adds $3,485/yr, and five-year appreciation sums $149,192 alongside rental yield of 6.56%. Five-year ROI measures 92.93% and total cumulative return in cash totals $165,098. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,953/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
3.11 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 |
|---|---|---|
| 2024-11-15 | Sold | $540,000 |
| 2024-09-30 | Listed for sale | $549,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $3288.60 | 8.22% | $366,200 | 13.48% |
| 2023-11-02 | $3038.94 | 7.06% | $322,700 | 10.29% |
| 2022-11-02 | $2838.54 | 4.54% | $292,600 | 7.69% |
Listed by: Malinda Galloway • Envision Real Estate Team - Logansport
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437835
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.
