The property at 3430 N Clayton St in Denver's Clayton neighborhood has solid potential for flipping. Priced at $475K, it has a good foundation with three bedrooms and two baths, and an expansive lot of over 8,190 sq ft. Comp data shows similar properties are valued at around $575K, indicating room for appreciation. However, the home appears to be dated and may require significant renovations, which could affect the overall ROI.
Consider freshening up the interiors, particularly updating the kitchen and baths, as these are critical areas that buyers look for. Leveraging its large yard for outdoor living space could also enhance appeal. With median sales in the neighborhood around $575K, a well-executed renovation can yield attractive returns. Monitor the market closely for optimal timing in listing post-renovation.