Off-Market Property at 2125 W Jackson St, Muncie, IN, 47303

2125 W Jackson St, Muncie, IN, 47303

$130,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $152 per day and long-term for an average of $1,325 per month, based on similar listings in the area. Estimated short-term cap rate of 16.4%. Estimated long-term cap rate of 2.3%. 4 bedroom 2 bath home on corner lot with location convenient to BSU, IU Health Ball Hospital, restaurants and shopping. Large eat in kitchen with appliances included, adjacent to laundry room with storage (washer and dryer included), and full unfinished basement (plumbed for a full bath). Full baths on main and upper floors have tile floors and surround. All 4 bedrooms and living room have hardwood floors. Most windows have been updated. Central air, gas forced heat, huge back yard with plenty of off street parking and large deck.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4562
Bedrooms
4
Bathrooms
2
SQFT
1,456
Furnished
unknown
Year built
1906
Listing Status
Off Market
MLS
202330742

Short-term Rental Potential
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$34,236

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$89

Price/SQFT

Long-term Rental Potential
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$15,900

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,325/mo

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