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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% |
Rental property for sale in Logansport at 211 Park Ave, Logansport, IN, 46947 offers $1,331/mo rent that, after a $680/mo payment, leaves $497/mo cash flow. Total monthly income is $1,331/mo, and annual cash flow is $5,963/yr on $46,079 cash. Return on cash invested measures 32.85% in year one, and rental yield stands at 11.49% at a $139,000 entry. Equity gained on principal adds $897/yr while 5% annual appreciation compounds into $38,403 by year five. Five-year ROI records 172% and total cumulative return in cash reaches $79,256. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,331/mo property income versus a $680/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,662 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 |
|---|---|---|
| 2025-07-17 | Sold | $139,000 |
| 2025-05-23 | Price change | $134,900 |
| 2025-05-05 | Listed for sale | $144,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $1032.00 | 14.41% | $57,100 | 10.66% |
| 2023-10-14 | $902.00 | 23.22% | $51,600 | 14.41% |
| 2022-10-14 | $732.00 | 7.02% | $45,100 | 23.22% |
Listed by: Nayeli Martinez • MPR Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516103
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.
