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% |
Investment property for sale in Muncie at 2609 W Glenn Ter, Muncie, IN, 47304 listed at $147,000 pairs $1,549/mo rent with a $719/mo payment to leave $665/mo cash flow. Total monthly income runs $1,549/mo, and annual cash flow reaches $7,981/yr on $48,731 cash to close. Return on cash invested measures 36.29% in year one, and rental yield registers 12.64% at a $147,000 basis. Equity gained on principal adds $949/yr, and annual property appreciation at 5% supports $40,613 by year five. Five-year ROI tracks 190.53% and total cumulative return in cash totals $92,844. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,549/mo property income relative to a $719/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
8,276 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 |
|---|---|---|
| 2025-06-09 | Sold | $147,000 |
| 2025-05-07 | Pending sale | $145,000 |
| 2025-05-05 | Listed for sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $1243.00 | 24.93% | $133,800 | 9.22% |
| 2023-10-14 | $994.98 | 7.80% | $122,500 | 24.87% |
| 2022-10-14 | $922.96 | 10.01% | $98,100 | 7.92% |
Listed by: Rachel Tucker • RE/MAX Real Estate Groups
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516102
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.
