Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Muncie at 201 N Morrison Rd, Muncie, IN, 47304 priced at $159,900 pairs $1,616/mo rent with $656/mo cash flow after a $783/mo payment. Total monthly income equals $1,616/mo, and annual cash flow comes to $7,869/yr on $53,007 invested. Return on cash invested is 34.75% in year one, and rental yield stands at 12.13% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 182.23% and total cumulative return in cash reaches $96,594. For financing, Ziffy Mortgage’s DSCR program evaluates $1,616/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1972
0.35 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jason Gates • F.C. Tucker Muncie, REALTORS
Mls Name: IRMLS
Mls ID: #202544754
