Investment Home: 323 S College Ave, Muncie, IN, 47303, Muncie, FL - $11,904 Yearly Profit

323 S College Ave, Muncie, IN, 47303

$199,900

Description

This is a perfect opportunity to own a home within walking distance of Ball State University, and is currently bringing in income, and has a lease established for the new school year of 2023-2024. The rent being collected is $2,300 a month. Home insurance and utilities are currently being paid by the homeowner. This property offers plenty of parking for all tenants, a full, unfinished basement, and a detached garage for storage and extra space.

Property Information
airbnb avg Daily
Unlock
Occupancy Rate
Unlock
Monthly HOA
$0
rental Policy
daily
Yearly Taxes
$5700
Bedrooms
4
Bathrooms
2
SQFT
2,244
Furnished
unknown
Year built
1939
MLS
21947376

Short-Term Rental Information
Revenue
Unlock
arrow_drop_down

$18,456

Expenses
Profit
Unlock
Cap rate
Unlock
Cash on Cash
Unlock
Price/SQFT
Unlock

Long-Term Rental Information
Revenue
Unlock
arrow_drop_down

$18,456

Expenses
Profit
Unlock
Cap rate
Unlock
Cash on Cash
Unlock
arrow_drop_up

$1,600/mo

Rent