This property located at 435 E Saint Joseph St, Watervliet, MI, offers a solid foundation for a flip potential. Priced at $49K with a decent lot size of almost half an acre, it is in a desirable area close to schools. However, the condition and required renovations will significantly impact ROI since comparable homes in the area have average valuations around $84K to $312K, suggesting a substantial upside if renovated properly.
For homeowners considering a sale, minor updates like fresh paint, landscaping, and kitchen upgrades could enhance appeal without overextending budgets. If looking to flip, focus on structural improvements and modernizing interiors to maximize return. The goal would be to align it with higher-valued comps while maintaining a reasonable investment. Given the current market dynamics, this property has potential but requires a strategic approach.