The Flip Potential of 306 Arthur Dr Little Rock, AR is medium.
Current Specs
4 Bed / 5 Bath
3,665 sqft
$59 per sqft
Estimated Value$215,050
Flip Advice
This 4-bed, 5-bath property in Little Rock offers significant flip potential with its spacious 3,665 sqft layout on a generous 0.55-acre lot. Currently priced at $215K ($59/sqft), it's significantly below comparable properties in the area, which average $188/sqft. The foreclosure status and 'as is' condition suggest room for value-adding renovations.
Consider applying the 70% rule when evaluating this investment. With comps suggesting a post-renovation value between $240K-$260K, your maximum purchase price should account for necessary renovation costs. The property's location in University Park with convenient highway access enhances its marketability after improvements. Focus on modernizing without over-improving beyond neighborhood standards.
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.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 306 Arthur Dr: