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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 $1,183/mo, and a $1,126/mo payment. Purchase price stands at $230,000, and rental yield measures 6.17% with $1,183/mo rent. Return on cash invested shows 16.79% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 85.96% and total cumulative return in cash records $65,539. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,183/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.38 Acres 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 |
|---|---|---|
| 2025-03-12 | Listed for sale | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-13 | $1411.50 | 10.03% | $182,400 | 9.95% |
| 2023-03-13 | $1282.88 | 15.91% | $165,900 | 11.72% |
| 2022-03-13 | $1106.76 | 16.28% | $148,500 | 14.14% |
Listed by: Stephanie Cooper • RE/MAX Real Estate Groups
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507824
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.
