2106 Logan CtKendallvilleIN46755
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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 Kendallville at 2106 Logan Ct, Kendallville, IN, 46755 earns $282/mo cash flow from $1,903/mo rent with a $1,322/mo payment. Total monthly income totals $1,903/mo, and annual cash flow totals $3,381/yr on $89,505 capital. ROI tracks 23.69% on current figures, and rental yield reads 8.46% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 122.88% and total cumulative return in cash sums $109,981. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,903/mo property income instead of your personal income.
Single Family
Built in 1995
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46755, Kendallville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,806 (100%) |
| Owner Occupied HU | 4,479 (65.8%) |
| Renter Occupied HU | 1,833 (26.9%) |
| Vacant Housing Units | 494 ( 7.3%) |
| Median Home Value | $205,982 |
| Average Home Value | $263,814 |
Housing Distribution
Address Breakdown
Residential
6,412
Single Family
6,211
Multi-Family
201
Businesses
547
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Listed by: Amanda Woodbury • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls ID: #202600824