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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 2018 North St, Logansport, IN, 46947 listed at $149,900 pairs $1,442/mo rent with a $734/mo payment to leave $542/mo cash flow. Total monthly income runs $1,442/mo, and annual cash flow reaches $6,502/yr on $49,692 cash to close. Return on cash invested measures 32.99% in year one, and rental yield registers 11.54% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 172.78% and total cumulative return in cash totals $85,859. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,442/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1837
0.47 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Memi P Rennewanz • MPR Realty, LLC
Mls Name: IRMLS
Mls ID: #202543119
