5201 N Moore RdMuncieIN47304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Muncie at 5201 N Moore Rd, Muncie, IN, 47304 offers a 12.06% rental yield on a $216,000 purchase with $2,171/mo rent. Total monthly income registers $2,171/mo, and a $1,057/mo payment leaves $872/mo available for distribution. Annual cash flow reaches $10,465/yr on $71,604 to close, and return on cash invested stands at 34.52% in year one. Equity gained on principal adds $1,394/yr while 5% annual appreciation supports $59,677 over five years. Portfolio math shows five-year ROI at 181.05% and total cumulative return in cash at $129,639. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,171/mo property income against a $1,057/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.41 Acres lot
$N/A/sqft
$30 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Taflinger • The Taflinger Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202430884
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.