




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 2912 W Bonaire Ave, Muncie, IN, 47302 uses $106,842 cash to close to unlock $2,157/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $2,114/mo, and a $1,578/mo payment keeps the spread at $180/mo. Purchase price stands at $322,300, and rental yield measures 7.87% with $2,114/mo rent. Return on cash invested shows 21.93% in year one, and 5% annual appreciation builds toward $89,046 over five years. Five-year ROI reaches 113.43% and total cumulative return in cash records $121,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,114/mo property income covering a $1,578/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.29 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 |
|---|---|---|
| 2025-08-14 | Listing removed | N/A |
| 2025-06-09 | Listed for sale | $285,000 |
| 2024-05-21 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $1777.68 | -5.31% | $218,300 | 17.37% |
| 2023-10-20 | $1877.32 | 21.22% | $186,000 | -0.96% |
| 2022-10-20 | $1548.74 | -0.34% | $187,800 | 21.24% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A