This 1,500 sq ft, 3-bed, 2-bath property in Osceola Mills is priced at $23K—significantly below comparable values. Comps show similar homes sell for $150K-$295K depending on upgrades. The property's ultra-low price suggests it needs substantial work, which could mean high renovation costs that eat into flip profits. Without seeing the actual condition, it's tough to gauge true potential.
If the bones are solid and you can acquire it for $23K, adding square footage or a bedroom could push value to $44K-$48K. However, verify renovation costs won't exceed $15K-$20K or you'll kill your margin. Consider this a flip only if you can secure favorable financing and have reliable contractors. Otherwise, it might be better as a rental income play.