








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $743/mo, and a $783/mo payment. Purchase price stands at $160,000, and rental yield measures 5.57% with $743/mo rent. Return on cash invested shows 14.99% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 76.27% and total cumulative return in cash records $40,454. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $743/mo property income covering a $783/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47302, Muncie, IN area.
| 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 |
Residential
11,508
Single Family
11,429
Multi-Family
79
Businesses
580
Date | Event | Price |
|---|---|---|
| 2025-09-16 | Listed for sale | $160,000 |
| 2025-09-11 | Price change | $500 |
| 2025-08-21 | Price change | $600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-17 | $1256.00 | 31.66% | $62,200 | N/A |
| 2023-09-17 | $953.98 | 6.71% | $62,200 | -0.80% |
| 2022-09-17 | $894.00 | 0.00% | $62,700 | 6.81% |



Listed by: Katie Franklin • CRM Properties, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202537352
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.