Off-Market Property at 6110 W Jones Rd, Muncie, IN, 47302

6110 W Jones Rd, Muncie, IN, 47302

$550,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $164 per day, based on similar listings in the area. Estimated short-term cap rate of -2.2%. Start Showing Date: 4/6/2024 Never before on the market! When you think of Indiana country living…it doesn’t get much better than this special 8 acre property. A gorgeous (fully stocked) pond with 3 piers, electric power and lighted fountain sits at the front of the land and the winding asphalt driveway takes you back to the ultimate in privacy and serenity. For animal lovers, the 1500 sq ft pole barn (insulated with concrete floor, water and electricity) has 2 stalls with hay storage in the back...leading to the open, tall grass area which could also be a fantastic 4 wheeling track. Built 1995, the original owner has used quality 2x6 construction with 9 foot ceilings & installed insulated ductwork in the floor. All bedrooms are large and the master offers a huge 11x11 walk-in closet. BRAND NEW Furnace and AC 2022, water heater new 2018 and there is no gas on the property with a heat pump. Pool table is included. There is something here for everyone with animal stalls, ATV/ 4 Wheeling and fishing! Excellent location close to State Road 67 and I-69 in the top rated Daleville School District. Seclusion, recreation and beautiful scenery are everyday words here!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$6543
Bedrooms
3
Bathrooms
3
SQFT
2,565
Furnished
unknown
Year built
1995
Listing Status
Off Market
MLS
202409325

Short-term Rental Potential
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$29,484

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$214

Price/SQFT