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Flip Potential: 6800 Day Dr

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Flip report generated Feb 2, 2025

The Flip Potential of
6800 Day Dr Parma, OH🏡 is medium.

Current Specs
2 Bed / 1.5 Bath
1,260 sqft
$158 per sqft
Estimated Value$199,522
Flip Advice
The property at 6800 Day Dr, Cleveland, has a solid foundation for a flip, with a current estimated value around $200K. However, its 1260 sq ft and 2 beds/1.5 baths may limit appeal compared to larger properties in the area, especially given recent comps showing values between $216K and $230K. The local market is stable but competitive, with median prices suggesting considerable potential for growth after renovations.
If you're considering a flip, focus on updates that maximize space and modernize aesthetics, like opening up the living area or updating the kitchen and bathrooms. Given the current market dynamics, and if you can invest in strategic renovations, this property could yield a respectable ROI. However, be prepared for competition from larger homes in the area.
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 6800 Day Dr:
Add 250 sqft...
+$31,237 (15.66%)
New Potential Value$230,759
Add a bedroom...
+$16,959 (8.50%)
New Potential Value$216,481
Add a bed & bath...
+$22,619 (11.34%)
New Potential Value$222,141