Flip report generated Nov 30, 2024
The Flip Potential of
6809 Lancer Ln Oklahoma City, OK 73132
is medium.
Current Specs
Multi-Family
2 Units
6 Bed / 5 Bath
3,731 sqft
$62 per sqft
Estimated Value$230,000
Flip Advice
The property at 6809 Lancer Ln is a spacious duplex in a promising neighborhood of Knights Lake, Oklahoma City. With 6 bedrooms and 5 bathrooms, it offers ample living space. Comp data indicates a nearby valuation of $251K, suggesting the potential for appreciation. However, the property is not in need of significant renovations, which may limit flip potential as the ROI could be lower than expected.
To enhance its market appeal, consider minor cosmetic updates, like fresh paint or landscaping, which can improve buyer interest without heavy investment. Pricing competitively around the valuation of $230K can attract offers, especially in a neighborhood with a median sold price of approximately $365K. Focus on marketing the property's rental potential for investors as well.
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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.