3608 W Torquay Rd, Muncie, IN, 47304 | $467/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3608 W Torquay Rd, Muncie, IN, 47304 | $467/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1133 sft

26 E Plum St, Anderson, IN, 46012

3 Bed
2 Bath
1332 sft

106 Bluebird Ln, Sulphur Springs, IN, 47388

3 Bed
2 Bath
2697 sft

2908 Sherman St, Anderson, IN, 46016

4 Bed
2 Bath
1322 sft

807 N Kettner Dr, Muncie, IN, 47304

Nearby investment properties with comparable prices

Investment Property+ 2 more

2 Bed
2 Bath
1491 sft

126 Appian Way, Anderson, IN, 46013

3 Bed
1 Bath
1913 sft

482 N 7th St, Middletown, IN, 47356

Rental Income+ 1 more

5 Bed
3 Bath
- sft

1413 Walnut St, Anderson, IN, 46016

3 Bed
2 Bath
1159 sft

1520 Chesterfield Dr, Anderson, IN, 46012

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Muncie at 3608 W Torquay Rd, Muncie, IN, 47304 uses $59,637 cash to close to unlock $5,599/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $1,547/mo, and a $881/mo payment keeps the spread at $467/mo. Purchase price stands at $179,900, and rental yield measures 10.32% with $1,547/mo rent. Return on cash invested shows 29.3% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 152.96% and total cumulative return in cash records $91,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,547/mo property income covering a $881/mo payment rather than investor’s personal income.

Single Family

Built in 1962

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to your new, 3 bed 1 1/2 bath brick ranch home. This home has been well loved and well maintained over the years. Two living spaces and a secluded backyard patio provide ample places to relax in and around the home. The eat in kitchen has a space for a small kitchen table and showcases a conveniently built in desk/work area. The HVAC was replaced in 2017, the rubber roof on the back side of the home was replaced/repaired 6 to 8 years ago, and the electrical panel was replaced in the last 5 years. The home has replacement windows, a two car garage with front and back door entrances, and a large main bathroom with an en suite half bath! Move right in and take the time to make this home your very own. Showcase the built in's and spacious layout with your own flare of color and finishes.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47304, Muncie, IN area.

Housing Distribution

Housing Statistics

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