Flip report generated Dec 9, 2024
The Flip Potential of
605 Stratton Way Durham, NC
is medium.
Current Specs
3 Bed / 2 Bath
1,199 sqft
$263 per sqft
Estimated Value$315,000
Flip Advice
This property at 605 Stratton Way in Durham, NC, has been recently updated with a new roof, HVAC system, and water heater, making it a low-risk purchase. However, the current valuation of $315K is below the average comps in the area, which hover around $357K to $371K for larger homes. Its flip potential is moderate due to recent renovations limiting the scope for further profitable upgrades.
Consider minor cosmetic enhancements to increase appeal, such as fresh landscaping or minor kitchen updates. Given the relatively low valuation compared to comps, if the owner plans to sell soon, focusing on staging and curb appeal could enhance the property's marketability without substantial investment. However, potential investors may want to exercise caution, as the ROI on a full flip could be limited.
What's Next?
Generate another report to compare more investment options.
Generate the Rent Potential of this home.
See what you could rent for based on similar properties.
Search for another property
Enter any address...
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.