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 304 E 26th St, Muncie, IN, 47302 uses $40,443 cash to close to unlock $3,957/yr annual cash flow and $330/mo monthly cash flow. Total monthly income runs $1,062/mo, and a $597/mo payment keeps the spread at $330/mo. Purchase price stands at $122,000, and rental yield measures 10.45% with $1,062/mo rent. Return on cash invested shows 29.69% in year one, and 5% annual appreciation builds toward $33,706 over five years. Five-year ROI reaches 155.09% and total cumulative return in cash records $62,723. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,062/mo property income covering a $597/mo payment rather than investor’s personal income.
Single Family
Built in 1956
6,534 sqft 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 |
|---|---|---|
| 2025-07-07 | Sold | $122,000 |
| 2025-06-11 | Pending sale | $119,900 |
| 2025-06-09 | Listed for sale | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $518.98 | 2.08% | $51,900 | N/A |
| 2023-10-20 | $508.40 | 5.70% | $51,900 | -0.95% |
| 2022-10-20 | $480.98 | 2.38% | $52,400 | 8.94% |
Listed by: Seth Stanley • NextHome Elite Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521807
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.
