Flip report generated Mar 12, 2025
The Flip Potential of
407 NE 19th Dr Gainesville, FL 32641
is high.
Current Specs
3 Bed / 1 Bath
880 sqft
$79 per sqft
Estimated Value$69,900
Flip Advice
This property at 407 NE 19th Dr in Gainesville presents a compelling opportunity for investors. Listed at $69,900, it's significantly undervalued compared to the neighborhood median of $159,900. The 880 sq ft, 3-bed/1-bath home on a 6,970 sq ft lot has potential for both fix-and-flip or rental strategies. Its location near UF and downtown adds appeal.
Consider pursuing this property for a fix-and-flip. With strategic renovations focusing on kitchen, bathroom, and HVAC updates, you could potentially resell for $110,000-$120,000 based on comps, yielding a solid ROI. Alternatively, after renovations, it could generate steady rental income given its proximity to the university. Conduct a thorough inspection to assess renovation costs before proceeding.
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.