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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 424 W Broadway St, Logansport, IN, 46947 priced at $139,900 converts $1,320/mo rent into $480/mo cash flow after a $685/mo obligation. Total monthly income equals $1,320/mo, and annual cash flow totals $5,759/yr on $46,377 invested. Return on cash invested prints 32.33% in year one, and rental yield reads 11.32% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 169.2% and total cumulative return in cash sums $78,471. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $685/mo payment, not borrower’s personal income.
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Toni J Gebhardt • Envision Real Estate Team - Rochester
Mls Name: IRMLS
Mls ID: #202535263
