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 2020 N Glenwood Ave, Muncie, IN, 47304 priced at $127,500 pairs $1,541/mo rent with $718/mo cash flow after a $624/mo payment. Total monthly income equals $1,541/mo, and annual cash flow comes to $8,616/yr on $42,266 invested. Return on cash invested is 40.29% in year one, and rental yield stands at 14.5% on a $127,500 basis. Equity gained on principal adds $823/yr, and 5% annual appreciation accumulates to $35,226 by year five. Five-year ROI measures 212.5% and total cumulative return in cash reaches $89,818. For financing, Ziffy Mortgage’s DSCR program evaluates $1,541/mo property income against a $624/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
6,534 sqft 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 |
|---|---|---|
| 2025-03-06 | Listing removed | $136,000 |
| 2024-10-11 | Listed for sale | $136,000 |
| 2024-02-02 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1750.00 | 12.04% | $103,900 | 18.74% |
| 2023-10-21 | $1561.98 | 22.03% | $87,500 | 12.04% |
| 2022-10-21 | $1280.00 | 9.97% | $78,100 | 22.03% |
Listed by: N/A • N/A
Mls Name: NextHome
Mls Provider:
Mls ID: #202439650
