The Flip Potential of 320 Saint Patrick St Houma, LA is medium.
Current Specs
3 Bed / 2 Bath
1,800 sqft
$38 per sqft
Estimated Value$67,500
Flip Advice
320 Saint Patrick St in Houma is a 3-bed, 2-bath brick home with 1,800 sqft, listed at $67.5K. It needs renovation, but the price per sqft is extremely low (about $38), way below neighborhood averages. Nearby comps are much smaller (1,000–1,300 sqft) and sell for $100K–$160K, while larger homes in similar condition are valued over $100K. However, the property sits in a high flood risk zone (FEMA AE, 7/10 risk), which could impact insurance costs and buyer demand.
If you're an investor, this property could offer solid flip potential due to its low entry price and larger size. Prioritize flood-proofing, updating major systems, and cosmetic upgrades to attract buyers. For current owners, focus on key renovations—think kitchen, baths, and curb appeal—to boost sale value, but be mindful of the flood risk when marketing.
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 320 Saint Patrick St: