








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 301 S Walnut St APT 304, Muncie, IN, 47305 earns $324/mo cash flow from $1,771/mo rent with a $808/mo payment. Total monthly income totals $1,771/mo, and annual cash flow totals $3,889/yr on $54,698 capital. ROI tracks 27.02% on current figures, and rental yield reads 12.88% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 144.44% and total cumulative return in cash sums $79,007. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,771/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$456 monthly HOA
Neighborhood data shown for ZIP Code: 47305, Muncie, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 511 (21.0%) |
| Renter Occupied HU | 1,264 (52.0%) |
| Vacant Housing Units | 657 (27.0%) |
| Median Home Value | $72,209 |
| Average Home Value | $102,931 |
Residential
1,640
Single Family
1,471
Multi-Family
169
Businesses
368
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $165,000 |
| 2022-06-28 | Sold | $138,000 |
| 2022-04-28 | Pending sale | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $949.00 | 0.00% | $94,900 | N/A |
| 2023-04-17 | $948.98 | 1.50% | $94,900 | N/A |
| 2022-04-17 | $935.00 | -50.00% | $94,900 | 1.50% |



Listed by: Susan Volbrecht • RE/MAX Real Estate Groups
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512899
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.