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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 423 Coles St, Logansport, IN, 46947 priced at $149,900 pairs $1,420/mo rent with $520/mo cash flow after a $734/mo payment. Total monthly income equals $1,420/mo, and annual cash flow comes to $6,238/yr on $49,692 invested. Return on cash invested is 32.46% in year one, and rental yield stands at 11.37% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 169.91% and total cumulative return in cash reaches $84,431. For financing, Ziffy Mortgage’s DSCR program evaluates $1,420/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.57 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 |
|---|---|---|
| 2025-04-02 | Listed for sale | $149,900 |
| 2010-07-14 | Sold | $68,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $942.00 | 9.03% | $102,600 | 8.92% |
| 2023-04-03 | $864.00 | 8.95% | $94,200 | 9.03% |
| 2022-04-03 | $793.00 | 6.44% | $86,400 | 8.95% |
Listed by: Bailey Record • Modern Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510947
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.
