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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 Tanguy St, Logansport, IN, 46947 with 5% annual appreciation on a $156,250 basis while $983/mo rent supports operations. Total monthly income totals $983/mo and a $765/mo payment preserves $45/mo for cash returns. Annual cash flow comes to $538/yr on $51,797 deployed, and return on cash invested reaches 20.95% in year one. Equity gained on principal adds $1,008/yr, and five-year appreciation sums $43,169 alongside rental yield of 7.55%. Five-year ROI measures 108.17% and total cumulative return in cash totals $56,028.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $983/mo property income versus a $765/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1948
3,049 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 |
|---|---|---|
| 2025-08-18 | Sold | $156,250 |
| 2025-07-28 | Price change | $156,500 |
| 2025-06-13 | Listed for sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1296.00 | 12.89% | $72,600 | 12.04% |
| 2023-10-24 | $1148.00 | 9.33% | $64,800 | 12.89% |
| 2022-10-24 | $1050.00 | 9.15% | $57,400 | 9.33% |
Listed by: Nayeli Martinez • MPR Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522450
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.
