Gentrification Opportunities

Homes in a gentrification neighborhood are very interesting prospects for rehabber. There is a great opportunity to purchase an older home at its current condition, completely remodel the home, and sell it at top retail price in the neighborhood.

MLS Deal Finder can find those opportunities for you by analyzing homes that are priced at a discount. If the older home is priced much lower than the remodeled homes in the area, it means it is a very good opportunity for an investor to complete remodel the property, and sell it for a high profit.

This is all accomplished automatically by our proprietary CMA software, which looks at all the properties on the market for you, and single out those that are priced much lower than market value. The best thing - as soon as the property hits the market, the software will automatically run an analysis on it and identify the opportunity for you, so you can get to the deals way ahead of your competition.

Check out examples of discounted houses in Gentrification neighborhoods:

 

Location: Dallas, TX
Property Type: Single family; 3 bed, 2 bath
List Price: $299,500

MLS Deal Finder Estimated Market Value:   $416K
MLS Deal Finder Estimated Discount: $116K
MLS Deal Finder Estimated Rent:                   $2,381

Remarks:

This is a fantastic investment property in an up and coming neighborhood, where the comps we pulled are sold for over $220/sqft. It is move in ready; however, with some upgrade, an investor can surely flip this for a higher profit.

Gentrification Opportunity - found.

 

Location: Dallas, TX
Property Type: Single family; 4 bed, 2 bath
List Price: $119,500.

MLS Deal Finder Estimated Market Value:  $214K
MLS Deal Finder Estimated Profit:                $95K
MLS Deal Finder Estimated Rent:                  $1,499

Remarks:

This is a very intriguing investor opportunity in the White Rock Lake neighborhood. It was just listed on the market today at around $70/sqft, while comparable, upgraded homes in the neighborhood are over for over $100/sqft.

The rental value of this neighborhood has been historically good. MLS Deal Finder has estimated the rental price to be $1,499, a fantastic return for a listing price of only $119,500.

Gentrification Opportunity - found.

 

Location: Dallas, TX
Property Type: Single family; 3 bed, 2 bath
List Price: $124,500

MLS Deal Finder Estimated Market Value:   $204,000
MLS Deal Finder Estimated Discount: $79,500
MLS Deal Finder Estimated Rent:                   $1,513

Remarks:

This is a rehabber’s special, located just south of White Rock Lake. Upgraded comparable properties are sold at around 200K. Average Days of Market of the comps is less than 20 days. It will not be on the market for long!

Gentrification Opportunity - found.

Gentrification Opportunities

Ready to start hunting for discounted houses in gentrification neighborhoods? With MLS Deal Finder, you get so much more. On any given day MLS Deal Finder finds discounted houses as soon as they are listed: Foreclosure listings, Short Sale, Fixer Upper houses, Sold As Is, REO properties, Bank Owned Homes, and HUD homes. 

In addition to houses sold by motivated sellers, we also find deals in estate sales, gentrification neighborhoods, or simply houses that needs cosmetic upgrades. As long as the house is under market value, our proprietary technology will find it within seconds, and you will receive a real-time, detailed analytics report on each deal.

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