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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 815 Sherman St, Logansport, IN, 46947 earns $591/mo cash flow from $1,266/mo rent with a $543/mo payment. Total monthly income totals $1,266/mo, and annual cash flow totals $7,095/yr on $36,797 capital. ROI tracks 39.19% on current figures, and rental yield reads 13.69% at a $111,000 purchase. Equity gained on principal adds $716/yr, and 5% annual appreciation supports $30,667 over five years. Five-year ROI reaches 206.21% and total cumulative return in cash sums $75,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,266/mo property income instead of your personal income.
Single Family
Built in 1930
7,405 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 |
|---|---|---|
| 2025-02-10 | Sold | $111,000 |
| 2025-01-02 | Price change | $118,000 |
| 2024-12-19 | Price change | $123,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1026.00 | 7.10% | $54,500 | 6.65% |
| 2023-11-02 | $958.00 | 13.24% | $51,100 | 7.13% |
| 2022-11-02 | $846.00 | 14.95% | $47,700 | 13.30% |
Listed by: Memi P Rennewanz • MPR Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436586
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.
