4501 N Wheeling Ave, Muncie, IN 47304

1 bd · 1 ba · 1,050 sqft · built 1978 · Muncie · CONDOS·source listing ↗

$102,000

$185,000 first listed

seller intel

Price cut

−44.9%

from $185,000

Motivation score

50/100

OnePercent model (vv1)$2,423/mo

point estimate — add comps for a band

HUD Fair Market Rent · 47304 · 1BR$910/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Delaware

Flood risk indexRelatively Moderate FEMA NRI

Median household income$63,215

Median area rent$994/mo

Median home value$172,200

the verdict

2.38%vs 0.8% target

financing: 20% down · — (FRED, live) · 30yr

$102,000

2.38% · rent $2,423

Intrinsic value · income approach

$291,620

65% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.