825 E Washington StMuncieIN47305
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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 825 E Washington St, Muncie, IN, 47305 listed at $765,000 pairs $4,091/mo rent with a $3,744/mo payment. Total monthly income runs $4,091/mo. Return on cash invested measures 17.67% in year one, and rental yield registers 6.42% at a $765,000 basis. Equity gained on principal adds $4,936/yr, and annual property appreciation at 5% supports $211,355 by year five. Five-year ROI tracks 90.58% and total cumulative return in cash totals $227,975. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,091/mo property income relative to a $3,744/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1902
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47305, Muncie, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 511 (21.0%) |
| Renter Occupied HU | 1,264 (52.0%) |
| Vacant Housing Units | 657 (27.0%) |
| Median Home Value | $72,209 |
| Average Home Value | $102,931 |
Housing Distribution
Address Breakdown
Residential
1,640
Single Family
1,471
Multi-Family
169
Businesses
368
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