








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 4527 N Wheeling Ave, Muncie, IN, 47304 at $159,000 posts ROI 40.69% with $913/mo cash flow from $1,867/mo rent. Total monthly income equals $1,867/mo, and annual cash flow records $10,953/yr on $52,709 to close. Return on cash invested measures 40.69% and rental yield reads 14.09% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 214.03% and total cumulative return in cash totals $112,812.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,867/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1991
N/A 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 |
|---|---|---|
| 2025-06-13 | Sold | $159,000 |
| 2025-06-03 | Pending sale | $159,900 |
| 2025-05-01 | Price change | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1132.00 | -0.87% | $113,200 | N/A |
| 2023-10-21 | $1141.98 | 8.24% | $113,200 | -0.88% |
| 2022-10-21 | $1055.00 | N/A | $114,200 | 8.25% |



Listed by: Sean Burcham • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435778
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.