The property at 306 N Elm Ave in Evansville, IN has a solid foundation for a potential flip. With a valuation around $165K and similar comps selling for between $169K and $197K, there’s room for improvement. However, its relatively small size (1,040 sqft) and single bath limit its appeal compared to larger homes in the neighborhood, which may affect profitability.

To maximize the property's flip potential, consider minor renovations like updating the kitchen and bathroom, as well as improving curb appeal. Additionally, staging the home effectively can attract buyers looking for compact living spaces. Given the neighborhood's average price per square foot, ensure that your costs remain low to improve your return on investment.