This is the type of opportunity that offers investors a straightforward renovation with significant upside supported by strong comparable sales. As a fix-and-flip, local comparable sales support an After Repair Value (ARV) of approximately $190,000. Based on our analysis, the property will require roughly $25,000 in renovations to bring it to market-ready condition.
At the current purchase price of $115,000 an investor would have approximately $140,000 invested in the project before financing, holding costs, and selling expenses. That creates a substantial equity spread between the total project cost and the projected $190,000 ARV, providing a healthy margin for investors who execute the renovation efficiently.
Whether you're an experienced flipper looking for your next project or an investor seeking a value-add opportunity with a manageable renovation, this property checks the right boxes: a low acquisition cost, a clear renovation plan, renovated comparable sales supporting the projected value, and the opportunity to create meaningful equity through the rehab.
