








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 Muncie at 1105 N Buckeye Rd, Muncie, IN, 47304 uses $87,848 cash to close to unlock $1,660/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $1,843/mo, and a $1,297/mo payment keeps the spread at $138/mo. Purchase price stands at $265,000, and rental yield measures 8.35% with $1,843/mo rent. Return on cash invested shows 21.8% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 113.33% and total cumulative return in cash records $99,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,843/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47304, Muncie, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,248 (100%) |
| Owner Occupied HU | 8,917 (62.6%) |
| Renter Occupied HU | 4,021 (28.2%) |
| Vacant Housing Units | 1,310 ( 9.2%) |
| Median Home Value | $182,063 |
| Average Home Value | $213,231 |
Residential
14,165
Single Family
13,054
Multi-Family
1,111
Businesses
706
Date | Event | Price |
|---|---|---|
| 2025-08-06 | Sold | $265,000 |
| 2025-06-23 | Pending sale | $265,000 |
| 2025-06-16 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $3566.82 | 11.65% | $196,100 | 9.98% |
| 2023-10-29 | $3194.72 | 12.85% | $178,300 | 11.65% |
| 2022-10-29 | $2831.00 | 0.35% | $159,700 | 12.86% |



Listed by: Austin Rich • NextHome Elite Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522933
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.