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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 2857 S 125 W, Logansport, IN, 46947 offers a 9.07% rental yield on a $199,900 purchase with $1,511/mo rent. Total monthly income registers $1,511/mo, and a $978/mo payment leaves $311/mo available for distribution. Annual cash flow reaches $3,737/yr on $66,267 to close, and return on cash invested stands at 25.55% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 132.88% and total cumulative return in cash at $88,057. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,511/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.99 Acres 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 |
|---|---|---|
| 2025-08-25 | Sold | $199,900 |
| 2025-07-22 | Listed for sale | $199,900 |
| 2014-05-28 | Sold | $38,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $444.08 | 4.77% | $100,700 | 22.36% |
| 2023-10-24 | $423.88 | 10.21% | $82,300 | N/A |
| 2022-10-24 | $384.60 | -61.31% | $82,300 | 40.44% |
Listed by: Cindy Heinzman • Modern Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528679
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.
