Off-Market Property at 4641 Michigan Ave, Saint Louis, MO, 63111

4641 Michigan Ave, Saint Louis, MO, 63111

$99,900

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 $969 per month, based on similar listings in the area. Estimated short-term cap rate of 13.8%. Estimated long-term cap rate of 4.1%. Very cute brick bungalow - 2 bedrooms - some carpeting, fenced back yard, off street parking, eat in kitchen with a greenhouse window. Come and see it today! Basement is large with a finished room along with a recreation area. You do not want to miss this great opportunity to own this house.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1135
Bedrooms
2
Bathrooms
1
SQFT
912
Furnished
unknown
Year built
1963
Listing Status
Off Market
MLS
24026788

Short-term Rental Potential
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$21,336

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$109

Price/SQFT

Long-term Rental Potential
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$11,628

Revenue
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Profit
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Cap rate
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Cash on Cash
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$969/mo

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