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User Stats

6
Posts
2
Votes
Daniel Wong
2
Votes |
6
Posts

How is the Yorktown Muncie Indiana for LTR?

Daniel Wong
Posted

Anyone familiar with the West Muncie + Yorktown area? I'm looking at a potential long term rental there. From a cursory view it looks a decent area with a good rent to price ratio. Though I'm not sure how much activity there is out there, and if it'd be easy to find renters.

User Stats

4,044
Posts
3,729
Votes
Jaron Walling
Pro Member
  • Rental Property Investor
  • Indianapolis, IN
3,729
Votes |
4,044
Posts
Jaron Walling
Pro Member
  • Rental Property Investor
  • Indianapolis, IN
Replied

@Daniel Wong I lived in Muncie for 5 years during school and drove through all the time. It's a nice town with moderately sized single family homes. Mostly blue-collar working class with not much going on. 

The downtown area has actually improved since my college days. The Mouse Trap is the fun place to grab drinks. People commute for work to Muncie, Anderson, and Indianapolis. The Morrow's Meadow Park and Carl Scott Disc Golf Course is pretty fun. Other than that it's a boring extension of Muncie (small college town). 

User Stats

405
Posts
281
Votes
Tyler Lingle
Agent
  • Real Estate Consultant
  • Indianapolis, IN
281
Votes |
405
Posts
Tyler Lingle
Agent
  • Real Estate Consultant
  • Indianapolis, IN
Replied

Definitely a cash flow versus appreciation play. Modest development as @Jaron Walling mentioned. Mostly outshined by greater Indy. 

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User Stats

256
Posts
122
Votes
Jake Knight
Pro Member
  • Property Manager
  • Indianapolis
122
Votes |
256
Posts
Jake Knight
Pro Member
  • Property Manager
  • Indianapolis
Replied

I actually have friends that live in Yorktown!  It's very attractive to residents in the area because of the school district.  They revitalized the downtown area and it's overall regarded as a nice area to live.  If you have a kid in school, it's a great option.  This should mean that it has great long term potential and it's growing.  I'd love to pick up more properties in the area.

User Stats

446
Posts
238
Votes
Scott P.
  • Rental Property Investor
  • Indiana...mostly
238
Votes |
446
Posts
Scott P.
  • Rental Property Investor
  • Indiana...mostly
Replied

In general, Yorktown is regarded as one of the best areas of the Muncie area.

User Stats

67
Posts
24
Votes
Staci Rogers
  • Lender
  • Indiana
24
Votes |
67
Posts
Staci Rogers
  • Lender
  • Indiana
Replied

Hi Daniel,

I am happy to connect you with a couple agents I work with in that market. They can provide you with some great insight about investing in that market.

Staci

User Stats

88
Posts
52
Votes
Matthew Gentile
  • Real Estate Agent
  • Worcester, MA
52
Votes |
88
Posts
Matthew Gentile
  • Real Estate Agent
  • Worcester, MA
Replied

I've spent some time in Muncie and Yorktown, previous relationship family lived there. Her father owned a few properties in the Yorktown area and was cash-flowing very well. Mind you, this was 2019-2021 so definitely a different environment for investing but the area is wonderful. Very happy people and not ridiculously priced homes from what I've seen lately.