The Flip Potential of 613 S Eisenhower Dr Edinburgh, IN 46124 is high.
Current Specs
1 Bed / 1 Bath
768 sqft
$26 per sqft
Estimated Value$19,900
Flip Advice
This property in Edinburgh, IN presents a high-risk, high-reward opportunity for flipping. Priced at just $19.9K for a 768 sqft home on a 5,227 sqft lot, it's significantly undervalued compared to the local market. However, it needs extensive work, which explains the low price. The property's age (built in 1920) suggests potential structural issues.
For an experienced flipper with renovation skills, this could be a profitable venture. The median sold price for similar properties is $157K, indicating substantial upside potential. Focus on essential updates like plumbing, electrical, and structural repairs. Consider adding a bedroom to boost value, as 2-bed properties in the area sell for an average of $236K. However, carefully assess renovation costs before committing.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 613 S Eisenhower Dr: