Flip report generated Mar 17, 2025
The Flip Potential of
2916 Reynolds St Fort Wayne, IN
is medium.
Current Specs
3 Bed / 1 Bath
875 sqft
$86 per sqft
Estimated Value$75,000
Flip Advice
This 3-bed, 1-bath ranch in Fort Wayne's Southeast neighborhood presents a potential flip opportunity. Listed at $75K, it's priced below the area's median of $130K. The 875 sqft home, built in 1945, sits on a 5,890 sqft lot. Its location offers easy access to downtown and New Haven, which could appeal to buyers.
Consider a moderate renovation to boost value. Focus on updating the kitchen and bathroom, refreshing paint and flooring, and improving curb appeal. Aim for a quick turnaround to minimize holding costs. Given the low purchase price, there's room for profit even with renovations. However, be cautious of overcapitalizing in this price range.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.