This 1,248 sqft, 4-bed, 2-bath property in Yukon, OK shows moderate flip potential. Built in 1954 on a generous 15,246 sqft lot, it recently sold for just $52,500 in September 2024, well below its estimated value of $130K-$154K. This significant price gap suggests room for equity capture after renovations.
Consider a strategic renovation focusing on modernizing essential areas like kitchen and bathrooms while maintaining the home's traditional style. Apply the 70% rule - your purchase price plus renovation costs should not exceed $91K (70% of ARV minus repairs). Given the neighborhood's median listing price of $305K, there's upward market support.