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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% |
Rental property for sale in Muncie at 8604 W Tulip Tree Dr, Muncie, IN, 47304 priced at $249,900 pairs $1,756/mo rent with $256/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,756/mo, and annual cash flow comes to $3,072/yr on $82,842 invested. Return on cash invested is 23.62% in year one, and rental yield stands at 8.43% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 122.54% and total cumulative return in cash reaches $101,510. For financing, Ziffy Mortgage’s DSCR program evaluates $1,756/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
0.50 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 |
|---|---|---|
| 2025-04-28 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $1662.70 | 8.79% | $202,000 | 9.96% |
| 2023-04-30 | $1528.40 | 10.65% | $183,700 | 11.33% |
| 2022-04-30 | $1381.34 | 14.94% | $165,000 | 12.47% |
What's Special
Pull Down Stairs
Listed by: Sheri Hiestand • Berkshire Hathaway Indiana Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514894
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.
