1304 N Tillotson AveMuncieIN47304
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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
Rental property for sale in Muncie at 1304 N Tillotson Ave, Muncie, IN, 47304 priced at $204,900 pairs $1,699/mo rent with $469/mo cash flow after a $1,003/mo payment. Total monthly income equals $1,699/mo, and annual cash flow comes to $5,627/yr on $67,924 invested. Return on cash invested is 28.19% in year one, and rental yield stands at 9.95% on a $204,900 basis. Equity gained on principal adds $1,322/yr, and 5% annual appreciation accumulates to $56,610 by year five. Five-year ROI measures 147.02% and total cumulative return in cash reaches $99,862. For financing, Ziffy Mortgage’s DSCR program evaluates $1,699/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47304, Muncie, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,165
Single Family
13,054
Multi-Family
1,111
Businesses
706
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