The property at 7131 Meadowbrook Rd in Lynchburg presents a solid opportunity for a flip, especially given its location in the desirable Richland Hills neighborhood. With 4 bedrooms and 1.5 baths, its size of 1,826 sqft offers ample space for renovation. Recent comps indicate a valuation of around $285K, with similar properties selling for approximately $323K to $350K, suggesting a healthy potential profit margin. However, the property's current condition and market dynamics will be vital in determining exact ROI.

To maximize flip potential, focus on cosmetic upgrades such as modernizing the kitchen and bathrooms, enhancing curb appeal, and potentially adding living space if feasible. Ensure to research the local market trends thoroughly. Given the competitive prices in the area, listing at a competitive rate after renovations could attract buyers quickly, while also considering the property’s selling points like the backyard space for gatherings.