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537 W Parkton Tobermory Rd, Parkton Investment Report: Flip & Rental Analysis · Frontflip
16
Your Investment Paths
Turnkey Rental
The rental potential for this Parkton property looks promising, with estimated monthly income ranging from $1,725 to $1,881. These figures reflect a competitive market demand for well-maintained single-family homes in the local area. Investors can expect a solid yield of approximately 10.48%, making this a strong contender for a turnkey rental portfolio. With consistent market performance, this property offers a reliable path toward steady monthly cash flow.
Rental Income
$22K
Yield
10.5%
Appreciation
$813
Year 1 Estimates
Fix-and-Flip
Refreshing your home with modern finishes is a fantastic way to elevate your lifestyle. While these improvements focus on personal comfort, they also help your property shine, creating an inviting space that truly stands out. Updating your home can lead to a more enjoyable living experience. While price per square foot currently trends at 128 dollars versus 169 dollars for the baseline, these modern touches create a move-in ready appeal for buyers. Current sell potential reaches up to 211,000 dollars, with rent potential offering up to 1,821 dollars monthly. These enhancements make your home feel brand new, offering a fresh start and a vibrant space to call your own.
Comps
7
Buy-Rehab-Rent
This property offers solid potential with an estimated post-renovation value between $191,000 and $211,000. Renters provide a steady income stream, with monthly projections averaging $1,678, generating a reliable annual gross rental income of $20,136. The 10% yield is attractive for a buy-and-hold strategy in this market. While the flip potential is currently limited, the consistent rental demand makes this a viable long-term asset for building equity and cash flow.
Rental Income
$20K
Yield
10.0%
Appreciation
$792
Year 1 Estimates, Post Typical Renovation
More about this home
Neighborhood Assessment
537 W Parkton Tobermory Rd sits in a rural, car-dependent part of Parkton, with limited evidence of nearby retail or major new development. Parkton Elementary is about 2.5 miles away and has a low rating; Saint Pauls High is roughly 4.6 miles away. Area listings and sales span a wide range, so nearby street-level comparisons matter more than citywide averages. The home offers 1,560 square feet, three bedrooms, two baths, and a reported 0.62-acre lot. Parkton’s broader market shows demand, but this property’s 351 days on market and auction status are caution signals. Treat online values and rent estimates as rough indicators, and factor in inspection, title, auction terms, and potentially significant wind and fire insurance costs before setting a bid or resale plan.
Market Activity
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Asking price
$206K
$64K below comp median
Comparative Market Analysis
$170K – $318K
~81 days to sell
Based on 8 comps