The property located at 5161 Gilgal Way in Ellenwood, GA, has a solid foundation for flipping potential, given its substantial square footage of 3,525 sqft and a competitive valuation around $324K. However, the local market is showing mixed trends, with recent comps indicating an average sold price of around $434K but also some properties underperforming in terms of days on the market.
To maximize flip potential, consider minor cosmetic updates to enhance appeal without significant investment. Focus on kitchen and bathroom upgrades, as these typically yield the highest ROI. Given the neighborhood's average price per sqft of $118, aim to keep renovation costs below $20K to ensure a healthy profit margin upon resale.