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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 605 Shultz St, Logansport, IN, 46947 earns $212/mo cash flow from $926/mo rent with a $582/mo payment. Total monthly income totals $926/mo, and annual cash flow totals $2,545/yr on $39,449 capital. ROI tracks 26.36% on current figures, and rental yield reads 9.34% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 137.33% and total cumulative return in cash sums $54,173. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $926/mo property income instead of your personal income.
Single Family
Built in 1930
4,356 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 |
|---|---|---|
| 2025-04-09 | Listed for sale | $119,000 |
| 2021-09-22 | Sold | $59,000 |
| 2021-09-10 | Pending sale | $49,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $508.00 | 10.43% | $59,400 | 16.93% |
| 2023-04-10 | $460.00 | 5.99% | $50,800 | 10.43% |
| 2022-04-10 | $434.00 | -44.78% | $46,000 | 5.99% |
Listed by: Steve D Schwering • Schwering Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512062
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.
