What do you guys think

[Deangelo Mack]

I found and analyzed a property on Loopnet.com and was needing some second opinions on if it seems like a deal. Heres the address. 2717 S Sterling Ave

[Brent Coombs]

Disclaimer: I know nothing about the area or its rental history. But, you'd better!

A five minute look suggests to me that it's fairly run-of-the-mill for there. Also, no future appreciation should be expected if it's still being assessed at the same value as in 2011. By the way, it was sold for $111k five months ago - and now that buyer wants out already?

Yes, it could be a Flipper selling. But, if so, did they get it wrong? [What is its condition?]

Also, the median house prices in that zip code took a massive hit during the last GFC [from $130k (2006), down to $70k (2007-8), down to $36k in 2009]. Can it happen again? My 2c...

https://www.propertyshark.com/mason/Property/36859...

http://www.amysold.com/property-search/detail/109/...