Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $128 per day and long-term for an average of $858 per month, based on similar listings in the area. Estimated short-term cap rate of 20.3%. Estimated long-term cap rate of 1.6%. Welcome to this cute little 2 bed, 1 bath home with a 2 car detached garage in a quiet neighborhood of Muncie. It has newer roof (2017), windows (2022), water heater (2019), plumbing (2023), and furnace (2011). The kitchen flooring was recently replaced (2023) with luxury sheet vinyl and there is luxury vinyl plank flooring (2021) in the living room, hallway, and both bedrooms. There is a large back yard with a privacy fence that is in good condition. The stove/oven, dishwasher, refrigerator, washer, and dryer all stay. All it needs is a little TLC to make this home the perfect starter or even retirement/downsizing home.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $3129 |
Bedrooms | 2 |
Bathrooms | 1 |
SQFT | 962 |
Furnished | unknown |
Year built | 1955 |
Listing Status | Off Market |
MLS | 21968006 |
