Flip report generated Jan 1, 2025
The Flip Potential of
156 12th Ave Chickasaw, Mobile, AL
is medium.
Current Specs
4 Bed / 2 Bath
1,696 sqft
$27 per sqft
Estimated Value$45,900
Flip Advice
This property at 156 12th Ave in Chickasaw has potential for a flip, primarily due to its low listing price of $45.9K and its size of 1,696 sqft. The area shows a median sold price around $158K, suggesting a significant potential upside. However, the property is largely stripped down and requires extensive renovation, which could affect overall ROI. The comps indicate a market with decent activity, but substantial investment is needed to realize its full value.
To maximize the flip potential, focus on completing the interior renovations efficiently. Given the recent improvements like new roofing and HVAC, capitalize on these assets while enhancing the aesthetics and functionality of the space. Keep an eye on comparable properties in the area to set a competitive selling price post-renovation. Targeting families looking for affordable housing could lead to a quicker sale.
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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.