








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 4904 N Hamilton Ln, Muncie, IN, 47304 uses $89,505 cash to close to unlock $5,697/yr annual cash flow and $475/mo monthly cash flow. Total monthly income runs $2,096/mo, and a $1,322/mo payment keeps the spread at $475/mo. Purchase price stands at $270,000, and rental yield measures 9.32% with $2,096/mo rent. Return on cash invested shows 26.27% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 136.73% and total cumulative return in cash records $122,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,096/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.38 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 |
|---|---|---|
| 2025-07-29 | Listing removed | $265,000 |
| 2025-07-17 | Pending sale | $265,000 |
| 2025-07-14 | Price change | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Annette Caldwell • RE/MAX at the Crossing.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202344119
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.