Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
3642 Hawick Dr, Colonial Heights Investment Report: Flip & Rental Analysis · Frontflip
Values Hold at $370K; 41 Rentals Deep
Updated 4 days ago • 8 new comps
Your Investment Paths
Turnkey Rental
The rental market in Colonial Heights offers strong potential for this property. Expect a monthly income between $2,384 and $2,542, aligning well with similar local homes. These figures suggest a consistent demand for your 4-bedroom layout. Investors should note the impressive 13.1% rental yield potential, which significantly outperforms many standard investment vehicles. This property represents a smart income-generating opportunity, providing steady cash flow and promising long-term growth for your real-estate portfolio.
More about this home
Neighborhood Assessment
Edinborough in Colonial Heights offers solid family appeal with Tussing Elementary (6/10 rating) nearby and Colonial Heights High just 0.2 miles away. You've got shopping, restaurants, the central library, and sports complex close by—perfect for everyday living. Comp homes on Hawick Dr and Edinborough Dr are zestimating 320K-345K, showing steady demand for 4-bed, 2K sqft properties like this 1,945 sqft quad-level. Walkability's decent in this quiet subdivision. Recent sales around 225K-285K suggest values holding firm despite some price cuts during listing. Low flood and fire risk, though heat and wind are concerns long-term. Neighborhood feels stable, you know, the kind where families stick around.
Market Activity
+ Ask a question in the app
Rental Income
$30K
Yield
13.1%
Appreciation
$640
Year 1 Estimates
Fix-and-Flip
Fresh updates significantly boost property appeal, raising value to roughly 180 dollars per square foot compared to the baseline 164. This 10 percent increase demonstrates that modern finishes help your home stand out to potential buyers. Upgrading creates a more desirable living space while enhancing market potential. With improved sell prices and stable rental prospects, these renovations provide excellent long-term value, making your property a top choice for future residents or investors.
Value Add
$31K
Appreciation
$1K
Post Typical Renovation
Buy-Rehab-Rent
This property offers solid BRR potential with a post-renovation value reaching up to $373,000. Strategically upgrading the 1,945 square-foot layout can capture significant market appreciation, effectively bridging the gap between current baseline and top-tier neighborhood pricing. Projected monthly rental income of $2,512 generates a reliable 8.5% yield. This performance profile indicates a stable investment opportunity, provided renovation costs remain aligned with the target price-per-square-foot metrics to ensure healthy long-term cash flow.
Rental Income
$30K
Yield
8.5%
Appreciation
$1K
Year 1 Estimates, Post Typical Renovation
Estimated value
$225K
$150.2K below comp median
Comparative Market Analysis
$198K – $435K
~54 days to sell
Based on 8 comps