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17325 Ashton Ave, Greenwell Springs Investment Report: Flip & Rental Analysis · Frontflip
18
Values dip to $190K, 8 comps analysis
Updated 2 days ago
Your Investment Paths
Turnkey Rental
This property shows strong rental potential, with monthly income projected between $1,461 and $1,515. These figures reflect current neighborhood trends, offering a solid foundation for steady cash flow in a stable Greenwell Springs rental market. Investors can anticipate an impressive estimated yield of approximately 11.9%. Given these returns and the consistent demand for three-bedroom homes, this property presents a compelling opportunity to build equity while generating reliable monthly rental income.
More about this home
Neighborhood Assessment
Greenwell Springs' Cedar Mill Run neighborhood offers solid family appeal with top-rated Central High School (rating 8/10) just 1.4 miles away. Nearby comps on Ashton Ave value similar 3-bed homes at 135K-235K, showing steady demand. Walkability's limited—it's car-dependent—but low flood risk (Zone X) and strong rental potential make it investor-friendly. You've got good schools and stable values here, you know?
Market Activity
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Rental Income
$18K
Yield
11.9%
Year 1 Estimates
Fix-and-Flip
Modernizing a home creates a fresh appeal that captures buyer interest. Updated properties see an increase in value to about $165 per square foot, a 3.7% boost over the standard $159 per square foot base rate. These refinements help a home stand out, pushing its potential price closer to $198,000. While the direct financial return is modest, the upgrades elevate the living experience, enhancing both comfort and long-term rental appeal for investors.
Value Add
$7K
Post Typical Renovation
Buy-Rehab-Rent
This property offers solid BRR potential with a post-renovation value estimated between $179,000 and $198,000. These figures align well with neighborhood comps, suggesting a clear path to forced appreciation and equity growth through strategic cosmetic upgrades. Projected rental income of $1,535 monthly delivers a respectable 9.8% yield. This reliable cash flow, combined with the property's modest footprint and efficient floor plan, makes it a practical, income-generating asset for a balanced real estate portfolio.
Rental Income
$18K
Yield
9.8%
Year 1 Estimates, Post Typical Renovation
Asking price
$140K
$51.1K below comp median
Comparative Market Analysis
$153K – $230K
~127 days to sell
Based on 8 comps