4204 W Beechwood Ave, Muncie, IN, 47304 | 4.75% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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4204 W Beechwood Ave, Muncie, IN, 47304 | 4.75% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Muncie at 4204 W Beechwood Ave, Muncie, IN, 47304 listed at $299,000 pairs $1,183/mo rent with a $1,463/mo payment. Total monthly income runs $1,183/mo. Return on cash invested measures 12.51% in year one, and rental yield registers 4.75% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 62.92% and total cumulative return in cash totals $62,362. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,183/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1961

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated ranch features 3 BR, 2 Baths, newer kitchen with stainless appliances ( gas range, refrigerator, microwave, dishwasher) farm sink, quartz counter tops, custom cabinetry, & breakfast bar overlooking the cozy family room with newer gray carpeting & gas log fireplace. Spacious living/dining room opens to the separately heated & cooled 18 x 12 Sun room (adding 228 more sq. ft. to the total living area.) Both bathrooms are recently updated and offer walk in showers. All 3 BR have nice sized closets. All of the carpeting and flooring are newer. Other great features are the tankless water heater, water softener, and the oversized 2 car garage with storage wall, attic pull down stairs, and new epoxy garage floor. Patio area in back, newer storage barn and nice landscaping, the entry courtyard and large covered front porch are other nice features. Conveniently located in the quiet residential Oak Point addition, close to the hospital and BSU.

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