Off-Market Property at 1009 W Dunn Ave, Muncie, IN, 47303

1009 W Dunn Ave, Muncie, IN, 47303

$145,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $147 per day and long-term for an average of $1,217 per month, based on similar listings in the area. Estimated short-term cap rate of 10.5%. Estimated long-term cap rate of 0.3%. Discover the charm of this inviting 3-bedroom, 1.5-bathroom residence spanning 1921 square feet in a serene neighborhood. Boasting a timeless appeal, the home welcomes you with a spacious living area and well-appointed bedrooms. The rec room adds versatility to the floor plan, offering an ideal space for entertainment or relaxation. The property is conveniently situated, providing easy access to shopping centers, schools, and a variety of entertainment options. Enjoy the picturesque surroundings with mature trees, creating a tranquil atmosphere. This home combines comfort and convenience, making it an ideal haven in a sought-after location.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4918
Bedrooms
3
Bathrooms
2
SQFT
1,921
Furnished
unknown
Year built
1956
Listing Status
Off Market
MLS
202401541

Short-term Rental Potential
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$29,388

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$75

Price/SQFT

Long-term Rental Potential
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$14,604

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,217/mo

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