The property at 220 Stag Ter in Newport News is a solid candidate for flipping, given its location in the Deerfield neighborhood, which is generally desirable. The current estimated value is around $284K, while comparable properties in the area are valued between $312K and $335K, suggesting that there's room for appreciation. However, the property's age and condition will significantly influence the renovation costs and potential return on investment.

To maximize flip potential, consider making strategic renovations focused on modernizing key areas like the kitchen and bathrooms, which often yield the highest ROI. Additionally, presenting the property well can attract more buyers and potentially drive the selling price closer to the higher end of the comp range. Engaging a local real estate agent with experience in the area could also help optimize your selling strategy.