Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $232 per day and long-term for an average of $1,850 per month, based on similar listings in the area. Estimated short-term cap rate of 10.0%. Estimated long-term cap rate of 0.7%. This five-bedroom, two-bathroom house, is ideally located just moments from the vibrant Village at Ball State. Spanning three floors, the residence offers thoughtful bedroom distribution for optimal privacy and comfort. The property has a dedicated dining room, featuring a charming window bench, a large kitchen with ample cabinetry and modern appliances, including a dishwasher for added convenience. The upper floor has a sprawling bedroom, offering ample space for a tranquil retreat. This property includes a private driveway for convenient parking. Don't miss this exceptional opportunity to invest in this spacious and well-equipped property in a sought-after location. The home is currently rented through July 2024 for $2200 and rented again through July 2025 for $1810. Tenants pay all utilities.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $6580 |
Bedrooms | 5 |
Bathrooms | 2 |
SQFT | 2,635 |
Furnished | unknown |
Year built | 1923 |
Listing Status | Off Market |
MLS | 202412498 |
