Richmond Village Block Flip

Richmond Village Block Flip

4 bed 1.5 bath 1300 sq ft Built in 1969 Single Family
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Quality of Comparables
Low High
14 /20
Level of Rehab
Heavy Light
Location of Neighborhood
Far Close
Quality of Floor Plan
Choppy Flowing
School Rating
Placement in Neighborhood
Busy Calm
Property Details

Introducing this ideal flip or BRRR opportunity located in the investor-friendly subdivision Richmond Village. In recent years, this community has served as a hot spot for flippers and landlords alike. Due to its central location and low price point, this is ideal for first-time homeowners and renters, presenting multiple exit strategies. This property is a diamond in the rough, offering immense potential for those seeking a lucrative investment opportunity. The home features 4 bedrooms, 1.5 bathrooms, 1,300 living square feet, and a private carport. 

While the property requires some repairs, it also boasts notable upgrades, such as a roof from 2016, HVAC system from 2011, and updates to the electrical in 2011 as well. We suggest doing a full-blown cosmetic interior update to achieve maximum resale potential, with some subtle improvements to the exterior. 

Strong comparables in the area suggest that this flip, if done correctly, should garner a ton of interest once listed on the retail market; We are advertising this property with a competitive After Repair Value of $315,000. Some homes in the area have sold as high as $242 a sqft just a few months back. Whether you decide to flip it or turn it into a rental this home comes with an ample amount of equity! Call your EquityPro Advisor today to secure this investment! 

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We recommend flip
Rental Income
$2,500 mo. / $30,000 yr.
Estimated Taxes
$3,400 / yr.
$500 / yr.
HOA Dues
$0 / yr.
Projected Income
Estimated APY
Projected Income
Estimated ROI



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