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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 206 18th St, Logansport, IN, 46947 listed at $110,000 pairs $864/mo rent with a $538/mo payment to leave $204/mo cash flow. Total monthly income runs $864/mo, and annual cash flow reaches $2,449/yr on $36,465 cash to close. Return on cash invested measures 26.63% in year one, and rental yield registers 9.43% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 138.74% and total cumulative return in cash totals $50,592. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $864/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1917
2,918 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 |
|---|---|---|
| 2025-09-19 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-22 | $650.00 | -44.63% | $71,300 | 12.46% |
| 2023-09-22 | $1174.00 | 11.17% | $63,400 | 8.93% |
| 2022-09-22 | $1056.00 | 16.04% | $58,200 | 11.07% |
Listed by: Abby Miller • Modern Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202538007
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.
