14 best Airbnb investment opportunities across the US | December 7, 2022

Midwest

625 E Garfield St, Michigan City, IN 46360

high end home for a high end lifestyle. This 4-5 bedroom home sits right outside very desirable Old Edgewood. Brand new vinyl fencing surrounds your large quiet DOUBLE corner lot, steel roof gazebo and pea gravel areas are perfect for entertaining. The garage has very large attached shop space, and clean attic for extra storage & work space. The entire home has been remodeled top to bottom with a high end feel, vaulted ceilings, custom vanities, tile work, wine closet, SS Appliances, 2 egress windows, waterproof luxury vinyl plank flooring throughout lower level, refinished hardwoods on main floor, all new windows, gutters, siding, doors, floors and much much more! Whether a personal retreat, second home near the lake, or short term rental this beauty will absolutely not disappoint.

• $359,000

• 5 Bedrooms, 3 Bathrooms

• Average Daily Rate: $538

• Expected occupancy rate: 44%

• Monthly expected income: $7,101

• Monthly expected expenses: $5,040

• Monthly expected cash flow: $2,060

• Expected cash on cash return: 20.26%