Off-market investment opportunity at S Wisteria Ln, Muncie, IN 47302. This 4-bedroom, 2.5-bath home has 2,548 sq. ft. of living space on a 0.33-acre lot, which is a lot of house for the price.
Asking price: $90,000 - $85,000
Estimated ARV: $285,000 to $320,000
Estimated rehab: about $70,000 to $80,000
Indicative spread (ARV minus ask minus rehab): about $125,000 to $160,000
It suits a flipper or a buy-and-hold investor who wants a larger floor plan and room to build equity.