product

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method

117-117 1/2 8th St, Logansport, IN 46947 — $59,900 · 4bd · ~2.9% rule | OnePercent

117-117 1/2 8th St, Logansport, IN 46947

$59,900

Home·Logansport 46947·117-117 1/2 8th St, Logansport, IN 46947

Last confirmed 6 days ago

117-117 1/2 8th St, Logansport, IN 46947

4 bd · 2 ba · 1,968 sqft · built 1900 · Logansport · MULTI_FAMILY·source listing ↗

$59,900

rent, three ways

OnePercent model (vv1)$1,757/mo

p10–p90 confidence band

HUD Fair Market Rent · 46947 · 4BR

$1,300/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Cass

Flood risk indexRelatively Moderate FEMA NRI

Median household income$54,791

Median area rent$804/mo

Median home value$126,800

the verdict

2.93%vs 1.2% target

financing: 20% down · — (FRED, live) · 30yr

$59,900

2.93% · rent $1,757

Intrinsic value · income approach

$184,239

67% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.