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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 2103 E Yale Ave, Muncie, IN, 47303 offers a 9.51% rental yield on a $109,900 purchase with $871/mo rent. Total monthly income registers $871/mo, and a $538/mo payment leaves $211/mo available for distribution. Annual cash flow reaches $2,534/yr on $36,432 to close, and return on cash invested stands at 26.87% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 140% and total cumulative return in cash at $51,004. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $871/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47303, Muncie, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,763 (100%) |
| Owner Occupied HU | 5,209 (44.3%) |
| Renter Occupied HU | 5,107 (43.4%) |
| Vacant Housing Units | 1,447 (12.3%) |
| Median Home Value | $126,994 |
| Average Home Value | $156,121 |
Residential
10,581
Single Family
9,579
Multi-Family
1,002
Businesses
776
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: Brad Taflinger • Taflinger Real Estate Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22068342
