2545 W Delaware RdLogansportIN46947
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Nearby investment properties with comparable prices
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 Logansport at 2545 W Delaware Rd, Logansport, IN, 46947 offers a 4.56% rental yield on a $433,500 purchase with $1,648/mo rent. 94% in year one. Equity gained on principal adds $2,797/yr while 5% annual appreciation supports $119,768 over five years. Portfolio math shows five-year ROI at 59.86% and total cumulative return in cash at $86,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,648/mo property income against a $2,122/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46947, Logansport, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,475
Single Family
10,917
Multi-Family
558
Businesses
890
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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