








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 4313 W Hummingbird Way, Muncie, IN, 47304 generates $1,581/mo in rent and, after a $1,111/mo payment, leaves $218/mo in cash flow. Total monthly income is $1,581/mo, and annual cash flow is $2,621/yr on $75,251 invested. Return on cash invested sits at 23.39% in year one, and rental yield is 8.36% on a $227,000 entry. Equity gained on principal adds $1,465/yr, while 5% annual appreciation builds toward $62,716 over five years. Five-year ROI reaches 121.31% and total cumulative return in cash sums $91,285. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,581/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
9,583 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Victoria Elliott • The Modglin Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22052301