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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 215 9th St, Logansport, IN, 46947 with 5% annual appreciation on a $189,900 basis while $2,212/mo rent supports operations. Total monthly income totals $2,212/mo and a $929/mo payment preserves $1,073/mo for cash returns. Annual cash flow comes to $12,870/yr on $62,952 deployed, and return on cash invested reaches 40.35% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 13.98%. Five-year ROI measures 212.25% and total cumulative return in cash totals $133,613.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,212/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
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 |
|---|---|---|
| 2025-03-29 | Listed for sale | $189,900 |
| 2018-04-10 | Listing removed | $48,000 |
| 2018-03-23 | Listed for sale | $48,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $1334.00 | 9.34% | $75,100 | 12.59% |
| 2023-04-01 | $1220.00 | 33.19% | $66,700 | 9.34% |
| 2022-04-01 | $916.00 | N/A | $61,000 | 33.19% |
Listed by: Stephanie Helton • Rogers Auction & Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510387
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.
