This 1,120 sqft single-family home in Mesa's Princess Park neighborhood shows strong potential as a flip opportunity. Built in 1972, the property last sold for $135K in 2003 and now has an estimated value around $375K-$412K. With a pool and single-story layout on a generous 13,821 sqft lot, it has appealing bones for renovation.
Apply the 70% rule to determine your maximum purchase price: 70% of ARV minus repair costs. Focus on updating the kitchen, bathrooms, and curb appeal to maximize ROI. The large lot offers expansion potential, which comps show could add significant value—properties with additional space are selling at a 19.7% premium in this area.