1902 E 21st St, Muncie, IN, 47302 | $514/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1902 E 21st St, Muncie, IN, 47302 | $514/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
957 sft

2935 Sonnet Dr, Anderson, IN, 46013

2 Bed
1 Bath
1008 sft

212 Vasbinder Dr, Chesterfield, IN, 46017

3 Bed
1 Bath
912 sft

156 Barclay Rd, New Castle, IN, 47362

3 Bed
1 Bath
988 sft

1430 Walton St, Anderson, IN, 46016

Nearby investment properties with comparable prices

Currently Rented+ 2 more

2 Bed
1 Bath
1143 sft

3907 Haverhill Dr, Anderson, IN, 46013

3 Bed
2 Bath
1506 sft

711 Madison Ave, Anderson, IN, 46016

2 Bed
1 Bath
1365 sft

1534 A Ave, New Castle, IN, 47362

2 Bed
1 Bath
884 sft

3611 E Lynn St, Anderson, IN, 46013

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Muncie at 1902 E 21st St, Muncie, IN, 47302 earns $514/mo cash flow from $1,294/mo rent with a $636/mo payment. Total monthly income totals $1,294/mo, and annual cash flow totals $6,168/yr on $43,062 capital. ROI tracks 34.23% on current figures, and rental yield reads 11.95% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 179.54% and total cumulative return in cash sums $77,311. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,294/mo property income instead of your personal income.

Single Family

Built in 1940

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 2-bedroom, 1-bath home located on a quiet street. Featuring freshly refinished hardwood floors and newer carpet throughout, this home offers both comfort and style. The spacious eat-in kitchen comes fully equipped with all appliances including the washer and dryer, making it truly move-in ready. The dry basement offers a surprising amount of livable space and flexibility. It includes a laundry area with a sump pump, a cozy living area, a large bedroom with a walk-in closet, and a generous storage room. A standout feature of this property is the oversized garage. The front section (11x17) accommodates one vehicle, while the expansive back section (17x21) provides space for an additional vehicle, ample storage, or a workshop area. Enjoy outdoor living in the fully fenced backyard, complete with a patio thats perfect for relaxing or entertaining. Major updates include a newer roof (5 years old) and a water heater that's just 4 years old. Don't miss out on this move-in ready gem its the perfect combination of charm, space, and functionality!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47302, Muncie, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,894 (100%)
Owner Occupied HU	7,150 (55.5%)
Renter Occupied HU	3,985 (30.9%)
Vacant Housing Units	1,759 (13.6%)
Median Home Value	$89,088
Average Home Value	$153,660