








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


Investment property for sale in Muncie at 4501 N Wheeling Ave #7A-304, Muncie, IN, 47304 earns $633/mo cash flow from $1,583/mo rent with a $513/mo payment. Total monthly income totals $1,583/mo, and annual cash flow totals $7,593/yr on $34,774 capital. ROI tracks 41.74% on current figures, and rental yield reads 18.11% at a $104,900 purchase. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 over five years. Five-year ROI reaches 223.73% and total cumulative return in cash sums $77,802. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,583/mo property income instead of your personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$321 monthly 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 |
|---|---|---|
| 2025-02-19 | Sold | $104,900 |
| 2024-12-13 | Pending sale | $109,900 |
| 2024-11-19 | Price change | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lela Boucher • Ryse Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437577
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.