Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
30
Values Hold at $257K, 8 Rentals Steady
Updated 11 days ago • 6 new comps
Your Investment Paths
Turnkey Rental
The rental market for this property shows strong potential with monthly income estimated between $1,649 and $1,789. These figures reflect current local demand and offer a solid foundation for steady cash flow and investment growth. With an attractive rental yield of nearly 13%, this property represents a compelling opportunity for investors. Leveraging these market rates can help maximize returns while providing a stable, income-producing asset in the Martinsville area.
More about this home
Neighborhood Assessment
Martinsville’s west side has that classic small-town Indiana feel, with charming, tree-lined streets and friendly neighbors who know each other by name. This area’s got walkable access to downtown shops, restaurants, and schools, making daily errands a breeze. Sidewalks and street lights boost safety and community vibe, especially if you've got kids or like evening strolls. Homes in this pocket are moving, but at a measured pace—comps show 2-4 beds ranging from about $125K to $220K, so it’s affordable and attractive to families and first-timers. Solid public schools nearby (elementary and middle rank 7/10) are a plus, though the high school’s a bit lower. There’s real stability here and minimal flood or fire risk, which is big for peace of mind and insurance costs.
Market Activity
+ Ask a question in the app
Rental Income
$21K
Yield
13.0%
Appreciation
$2K
Year 1 Estimates
Fix-and-Flip
Updated homes in this area consistently command a premium, fetching about 136 dollars per square foot compared to the baseline 124 dollars. This reflects a nearly 10 percent boost in value, making fresh renovations a powerful move. Modern finishes help your property stand out, potentially pushing your sale range up to 242,000 dollars. With steady rental income potential, refreshing your home is a smart way to increase comfort and long-term equity growth simultaneously.
Value Add
$20K
Appreciation
$3K
Post Typical Renovation
Buy-Rehab-Rent
This property shows strong BRR potential with a post-renovation value reaching $242,000. Strategic upgrades move the property from baseline pricing toward the higher tier, effectively capturing a premium market valuation for this 1,623 square-foot home. Expect steady returns with a projected monthly rental income of $1,648. The 8.6% yield offers a solid foundation for cash flow, making this a reliable opportunity for investors seeking balanced growth and consistent rental demand.
Rental Income
$20K
Yield
8.6%
Appreciation
$3K
Year 1 Estimates, Post Typical Renovation
Estimated value
$159K
$98.5K below comp median
Comparative Market Analysis
$193K – $339K
~42 days to sell
Based on 8 comps
590 W Washington St, Martinsville Investment Report: Flip & Rental Analysis · Frontflip