This property offers a moderate flip opportunity, though it is currently better suited for a buy-and-hold strategy due to its recent updates and ongoing tenant occupancy until April 2026.
Key Metrics
| | |
| :--- | :--- |
| Current List Price | $265,000 |
| Target After-Repair Value | $346,000 - $383,000 |
| Estimated Sqft | 1,926 |
Because the home already features significant recent capital improvements—including a new roof, furnace, central air, and updated flooring—the remaining 'value-add' room is limited. A successful flip would require prioritizing cosmetic upgrades or parking enhancements to reach the top of the market valuation.
Given the tenant's lease term, investors are better positioned to leverage the immediate rental income potential. With a projected rental yield of over 10%, the property serves as a reliable cash-flow generator while you evaluate long-term exit strategies.