Off-Market Property at 2012 N Maplewood Ave, Muncie, IN, 47304

2012 N Maplewood Ave, Muncie, IN, 47304

$140,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $174 per day and long-term for an average of $1,300 per month, based on similar listings in the area. Estimated short-term cap rate of 10.6%. Estimated long-term cap rate of 0.7%. 4 bedroom, 2 full bath home near the Ball State campus! Full bathroom near bedroom 1 with tub/shower combo. Full bathroom near bedrooms 2-4 with tub/shower combo. Two entrances from the front of the home with covered porch. One front entry into main entrance/mudroom area leading to kitchen and living room. The other front entry provides access into the living room. Laundry area located in basement. Currently leased through 7/31/2025 at $1300/month.

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$5661
Bedrooms
4
Bathrooms
2
SQFT
1,428
Furnished
unknown
Year built
1946
Listing Status
Off Market
MLS
202412252

Short-term Rental Potential
arrow_drop_up

$29,388

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$98

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$15,600

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$1,300/mo

Rent