








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Muncie at 3704 W 32nd St, Muncie, IN, 47302 generates $1,787/mo in rent and, after a $978/mo payment, leaves $587/mo in cash flow. Total monthly income is $1,787/mo, and annual cash flow is $7,049/yr on $66,267 invested. Return on cash invested sits at 30.55% in year one, and rental yield is 10.73% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 159.68% and total cumulative return in cash sums $105,817. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,787/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.99 Acres 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 |
|---|---|---|
| 2025-03-17 | Listed for sale | $199,900 |
| 2021-10-08 | Sold | $139,900 |
| 2021-09-23 | Pending sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-19 | $1511.82 | -1.57% | $122,200 | -0.33% |
| 2023-03-19 | $1536.00 | 12.75% | $122,600 | -1.13% |
| 2022-03-19 | $1362.34 | 10.71% | $124,000 | 13.04% |



What's Special
Pull Down Stairs,Storage
Listed by: Brian Sheikh • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508542
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.