Off-Market Property at 3625 S Hoyt Ave, Muncie, IN, 47302

3625 S Hoyt Ave, Muncie, IN, 47302

$175,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $130 per day and long-term for an average of $1,395 per month, based on similar listings in the area. Estimated short-term cap rate of 7.9%. Estimated long-term cap rate of 1.8%. Step into elegance with this captivating two-story home, boasting a spacious fenced-in backyard adorned with an impressive pole barn. A harmonious blend of style and functionality awaits, highlighted by recent updates including a stunning new backsplash and fresh paint throughout. Entertain effortlessly in the expansive backyard oasis, where the towering pole barn offers endless possibilities for storage, hobbies, or even converted into a charming workspace. Inside, the home exudes warmth and sophistication, with ample space for relaxation and gatherings. The new backsplash adds a touch of contemporary flair to the well-appointed kitchen, while the fresh paint breathes new life into every corner of the home. Experience the perfect union of beauty and practicality in this exquisite residence, where every detail has been thoughtfully curated to elevate your living experience.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$2500
Bedrooms
3
Bathrooms
1
SQFT
1,728
Furnished
unknown
Year built
1939
Listing Status
Off Market
MLS
21958783

Short-term Rental Potential
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$27,540

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$101

Price/SQFT

Long-term Rental Potential
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$16,740

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,395/mo

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