The property at 225 Sheldon St, Dowagiac, has potential as a flip given its 1,525 sqft size and 3 bedrooms. However, the comps in the neighborhood show a valuation range of around $99K to $110K, which could limit your return on investment. Considering the median price per square foot is about $109, the current listing price of $83K seems attractive yet low for desirability in this area.
To maximize flip potential, focus on cosmetic updates that enhance curb appeal and modernize the interior. A fresh coat of paint, updated fixtures, and landscaping can make a difference without breaking the bank. Given the comps, consider pricing it strategically post-renovation to attract buyers in this competitive market.