Off-Market Property at 807 S Luick Ave, Muncie, IN, 47302
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807 S Luick Ave, Muncie, IN, 47302

$130,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $165 per day and long-term for an average of $1,497 per month, based on similar listings in the area. Estimated short-term cap rate of 15.1%. Estimated long-term cap rate of 6.0%. Very nice 4 bedroom, 1.5 bath home on quiet dead end street with large covered front porch. You walk into a nice size living room, dining room combo with Kitchen, two bedrooms and a full bath on the main floor. Upstairs you will find a nice size landing area for a playroom or game room and 2 bedrooms and a 1/2 bath. Most of the floors are hardwood. In 2021 all Electrical was updated, New Furnace, New Water Heater and 90% of the plumbing was updated and New windows. The Roof is only 10 Years old. There is an unfinished basement a detached two car garage and nice back yard. Come see this great house today. Please rely on your own measurements

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1882
Bedrooms
4
Bathrooms
2
SQFT
1,884
Furnished
unknown
Year built
1910
Listing Status
Off Market
MLS
202408128

Short-term Rental Potential
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$29,868

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$69

Price/SQFT

Long-term Rental Potential
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$17,964

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,497/mo

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