Off-Market Property at 2315 E Depauw Ave, Muncie, IN, 47303

2315 E Depauw Ave, Muncie, IN, 47303

$119,999

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $136 per day and long-term for an average of $1,175 per month, based on similar listings in the area. Estimated short-term cap rate of 11.8%. Estimated long-term cap rate of 5.0%. Discover contemporary living at its finest in the heart of Prime Muncie, Indiana, with this recently renovated home that boasts an array of brand-new features. From the stylish vinyl flooring to the cutting-edge HVAC system, water heater, and appliances, no detail has been overlooked. The roof, a symbol of longevity, adds an extra layer of assurance. Inside, find tranquility in the well-appointed primary bedroom, complete with a private bathroom, offering a retreat within your own home. The detached garage not only provides secure parking but also enhances the property's practicality, offering ample storage space for your convenience. This residence is not just a home; it's an invitation to a lifestyle where modern luxury harmonizes seamlessly with timeless charm. Don't miss the chance to call this turnkey haven yours.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$454
Bedrooms
4
Bathrooms
2
SQFT
1,152
Furnished
unknown
Year built
1946
Listing Status
Off Market
MLS
21961028

Short-term Rental Potential
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$22,212

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$104

Price/SQFT

Long-term Rental Potential
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$14,100

Revenue
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Cap rate
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$1,175/mo

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