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.
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 |