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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% |
Investment property for sale in Muncie at 3508 N Milton St, Muncie, IN, 47304 listed at $103,900 pairs $802/mo rent with a $509/mo payment to leave $178/mo cash flow. Total monthly income runs $802/mo, and annual cash flow reaches $2,134/yr on $34,443 cash to close. Return on cash invested measures 26.11% in year one, and rental yield registers 9.26% at a $103,900 basis. Equity gained on principal adds $670/yr, and annual property appreciation at 5% supports $28,706 by year five. Five-year ROI tracks 135.82% and total cumulative return in cash totals $46,780. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $802/mo property income relative to a $509/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
7,405 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 |
|---|---|---|
| 2025-03-17 | Listed for sale | $103,900 |
| 2021-05-12 | Sold | $92,000 |
| 2021-04-06 | Pending sale | $89,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-19 | $686.00 | -1.01% | $68,600 | N/A |
| 2023-03-19 | $693.00 | 235.46% | $68,600 | -1.01% |
| 2022-03-19 | $206.58 | -65.10% | $69,300 | 154.78% |
Listed by: Susan Neal • RE/MAX First Integrity
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508566
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.
