This home is structurally sound, and perfect for any investor looking to spend a reasonable amount of money to quickly flip this home, or turn this into a long-term rental opportunity. The home needs a new furnace, kitchen, and some other remodeling. There appears to be some water damage and some drywall that has fallen down. The windows are not the original and appear to have been upgraded at some point. The siding and most of the drywall and interior of the home is in good shape. This property is being sold "as is"

This property is located next to multiple vacant lots and is in an area that being heavily revitalized by the City of Dayton. Many homes on this block have been torn down and removed. This area is slowly improving and still offers affordable housing opportunities for working class families in the Dayton area. This is a quiet neighborhood that offers a lower entry point for investors working on a budget, or who are just getting started. This is a perfect FHA or VA financed property for a first-time home buyer after repairs are made.

The rental opportunity for this property indicates a really nice rate of potential return. Expected rents in this neighborhood range from $750 - $950+ depending on the quality of the home. Even if you only clear $500 per month on the rental, that's still $6,000 per year. That's a 15% rate of return if you can get out of the property for $40,000 after improvements.