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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 $1,273/mo payment. Purchase price stands at $260,000, and rental yield measures 5.46% with $1,183/mo rent. Return on cash invested shows 14.46% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 73.46% and total cumulative return in cash records $63,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,183/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.26 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 |
|---|---|---|
| 2025-05-22 | Listed for sale | $260,000 |
| 2006-01-13 | Sold | $141,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-23 | $2313.96 | 11.89% | $225,300 | -2.30% |
| 2023-05-23 | $2067.98 | 10.35% | $230,600 | 11.94% |
| 2022-05-23 | $1874.00 | 0.00% | $206,000 | 10.40% |
What's Special
Pull Down Stairs
Listed by: Bethany Raymond • RE/MAX Real Estate Groups
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519025
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.
