Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
9
Rent potential shifts to $1,371
Updated 8 days ago • 3 new comps
Your Investment Paths
Turnkey Rental
This property shows strong rental potential, with estimated monthly income ranging from $1,226 to $1,452. These figures reflect a healthy market demand, offering a competitive yield of approximately 32.2% based on current rental performance metrics. Investors can expect steady growth, as the market shows an annual appreciation of $1,688. With the median rent sitting at $1,371, this home represents a promising, high-yield opportunity for those looking to build consistent monthly cash flow.
More about this home
Neighborhood Assessment
This spot feels like a small, value-priced pocket with decent renter appeal rather than a polished, high-growth submarket. The upside comes from the neighborhood basics: nearby schools are close, especially Ida Rankin Elementary at about 1.2 miles, and the surrounding homes show a wide price spread, which usually means there’s room for smart repositioning. The street itself looks stable, but the property is older and basic, so buyers will care about condition and utility, not just location.
Market Activity
+ Ask a question in the app
Rental Income
$16K
Yield
32.2%
Appreciation
$2K
Year 1 Estimates
Fix-and-Flip
Modern updates significantly boost property value. These homes command roughly 247 dollars per square foot compared to the baseline 210 dollars, representing a 17.7% increase. This helps your home shine and capture top-tier interest from buyers. Upgrading offers great potential, pushing sale value toward 252,000 dollars and monthly rents toward 1,728 dollars. With an estimated value add of 36,971 dollars, refreshing your home is a smart way to increase comfort and long-term equity.
Value Add
$37K
Appreciation
$8K
Post Typical Renovation
Buy-Rehab-Rent
This property offers solid BRR potential with a post-renovation value estimated between $228,000 and $252,000. Capitalizing on the roughly 18 percent value uplift from necessary upgrades effectively creates equity, positioning this as a strong neighborhood contender. Projected monthly rental income reaches $1,645, generating an attractive 8.2 percent yield. With steady annual appreciation of over $8,000, this asset provides a reliable, income-producing foundation suitable for a long-term rental portfolio strategy.
Rental Income
$20K
Yield
8.2%
Appreciation
$8K
Year 1 Estimates, Post Typical Renovation
Estimated value
$50K
$168.1K below comp median
Comparative Market Analysis
$169K – $500K
~384 days to sell
Based on 5 comps
304 Craige St, Gaston Investment Report: Flip & Rental Analysis · Frontflip