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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 2000 N Tillotson Ave, Muncie, IN, 47304 uses $55,029 cash to close to unlock $11,495/yr annual cash flow and $958/mo monthly cash flow. Total monthly income runs $1,998/mo, and a $812/mo payment keeps the spread at $958/mo. Purchase price stands at $166,000, and rental yield measures 14.44% with $1,998/mo rent. Return on cash invested shows 40.8% in year one, and 5% annual appreciation builds toward $45,863 over five years. Five-year ROI reaches 214.95% and total cumulative return in cash records $118,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,998/mo property income covering a $812/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.25 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 |
|---|---|---|
| 2025-04-02 | Sold | $166,000 |
| 2025-02-05 | Pending sale | $169,900 |
| 2025-01-21 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1908.00 | -23.92% | $105,400 | -30.57% |
| 2023-10-21 | $2508.00 | 8.01% | $151,800 | 21.05% |
| 2022-10-21 | $2322.00 | 10.26% | $125,400 | 8.01% |
Listed by: Tina Coons • RE/MAX Real Estate Groups
Mls Name: IRMLS
Mls Provider:
Mls ID: #202441958
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.
