4412 W Sandpiper DrMuncieIN47304
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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
Investment Highlights
Rental property for sale in Muncie at 4412 W Sandpiper Dr, Muncie, IN, 47304 priced at $224,900 pairs $2,016/mo rent with $666/mo cash flow after a $1,101/mo payment. Total monthly income equals $2,016/mo, and annual cash flow comes to $7,989/yr on $74,554 invested. Return on cash invested is 30.62% in year one, and rental yield stands at 10.76% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 160.07% and total cumulative return in cash reaches $119,341. For financing, Ziffy Mortgage’s DSCR program evaluates $2,016/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
8,960 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,165
Single Family
13,054
Multi-Family
1,111
Businesses
706
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