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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 709 S Vine St, Muncie, IN, 47302 at $109,900 posts ROI 43.63% with $720/mo cash flow from $1,380/mo rent. Total monthly income equals $1,380/mo, and annual cash flow records $8,642/yr on $36,432 to close. Return on cash invested measures 43.63% and rental yield reads 15.07% at the current $109,900. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 by year five. Five-year ROI prints 229.92% and total cumulative return in cash totals $83,764.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,380/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1884
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47302, Muncie, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,894 (100%) |
| Owner Occupied HU | 7,150 (55.5%) |
| Renter Occupied HU | 3,985 (30.9%) |
| Vacant Housing Units | 1,759 (13.6%) |
| Median Home Value | $89,088 |
| Average Home Value | $153,660 |
Residential
11,508
Single Family
11,429
Multi-Family
79
Businesses
580
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Heather Clemmons • Starr Real Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22028872
