The Flip Potential of 25684 67th St Dowagiac, MI 49047 is medium.
Current Specs
2 Bed / 1 Bath
1,280 sqft
$47 per sqft
Estimated Value$59,900
Flip Advice
This property at 25684 67th St in Dowagiac, MI, is listed at $59,900, making it significantly undervalued compared to local median home prices of $199K-$205K. However, it is smaller than comparable properties, which average around 1,479 sqft, and the price per square foot ($47) is well below the area average ($124-$127). The property’s condition and age (built in 1900) suggest potential renovation costs, which should be carefully evaluated. The local housing market is moderately competitive, with homes selling within 47-85 days, indicating a steady demand for well-renovated properties.
To maximize flip potential, focus on cost-effective renovations like upgrading the kitchen, bathroom, and flooring, which attract buyers and add value. Target a post-renovation sale price near the area median of $199K-$205K, aligning with the competitive market. Ensure the renovation budget and purchase price adhere to the 70% rule to maintain profitability, considering the estimated after-repair value. For homeowners, minor cosmetic improvements and staging could also significantly enhance market appeal without a major investment.
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 25684 67th St: