1016 W Marsh StMuncieIN47303
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Muncie at 1016 W Marsh St, Muncie, IN, 47303 listed at $101,600 pairs $1,302/mo rent with a $497/mo payment to leave $624/mo cash flow. Total monthly income runs $1,302/mo, and annual cash flow reaches $7,494/yr on $33,680 cash to close. Return on cash invested measures 42.16% in year one, and rental yield registers 15.38% at a $101,600 basis. Equity gained on principal adds $656/yr, and annual property appreciation at 5% supports $28,070 by year five. Five-year ROI tracks 222.9% and total cumulative return in cash totals $75,074. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,302/mo property income relative to a $497/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1931
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47303, Muncie, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,763 (100%) |
| Owner Occupied HU | 5,209 (44.3%) |
| Renter Occupied HU | 5,107 (43.4%) |
| Vacant Housing Units | 1,447 (12.3%) |
| Median Home Value | $126,994 |
| Average Home Value | $156,121 |
Housing Distribution
Address Breakdown
Residential
10,581
Single Family
9,579
Multi-Family
1,002
Businesses
776
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