208 E 8th St, Muncie, IN, 47302 | $216/mo Cash Flow

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208 E 8th St, Muncie, IN, 47302 | $216/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Muncie at 208 E 8th St, Muncie, IN, 47302 earns $216/mo cash flow from $876/mo rent with a $538/mo payment. Total monthly income totals $876/mo, and annual cash flow totals $2,594/yr on $36,432 capital. ROI tracks 27.03% on current figures, and rental yield reads 9.57% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 140.89% and total cumulative return in cash sums $51,328. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $876/mo property income instead of your personal income.

Single Family

Built in 1925

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover the potential of this traditional A-frame home nestled in the peaceful countryside of Muncie, Indiana. Offering 4 bedrooms and 1.5 bathrooms, this unique property blends livability with opportunity-making it ideal for first-time homebuyers or seasoned investors looking for their next project. The home is fully livable and has already seen several recent interior improvements, providing a solid foundation to build upon. With just a few minor updates or finishing touches, the right buyer can transform this house into their forever dream home. Set on a 360-degree fenced-in lot, the property offers privacy, space, and security-perfect for pets, kids, or enjoying your own piece of rural tranquility. Adding even more value is the massive, detached garage, which holds up to 6 vehicles. Whether you need storage, a workshop, or creative space, the possibilities here are endless. Located in a quiet rural area, yet only 30 minutes from the hustle and bustle of city life, this property provides the best of both worlds: small-town charm with easy access to urban amenities. Whether you're looking to settle down or invest, this A-frame gem offers the perfect canvas to make your mark.

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