819 S 3rd Ave
Phoenix, AZ 85003
Beds / Baths
7 / 2.0
Square Feet
3,267
Lot Size
6,500 SF
Year Built
N/A
Stories
1
Garage
0 car
Pool
No
Submarket
Downtown
Recon Report
Current Price
$950,000
After Repair Value
$1,414,977
Price per SF
$291
Avg PSF Post Renovation
$433
Downtown submarket average
Opportunity Indicators ?
34 Days on Market
Pass
$27,146 estimated loss · -7.3% annualized ROI
What looks good
💰
Priced 33% below estimated ARV
📉
Price/SF is 33% below submarket average
Watch out for
🔴
Estimated loss of $27,146 at current assumptions
🚩
Deal economics do not support a flip at current pricing
Why this estimate could be wrong
ARV is estimated from 5 comparable sales — actual value depends on property condition, updates, and buyer demand at time of sale.
Rehab costs use a market-average $/SF assumption. Actual costs depend on scope of work, contractor pricing, permits, and unforeseen issues (foundation, roof, mold, etc).
Projected sale price assumes current market conditions hold through rehab and listing. Interest rate changes, seasonal shifts, or local market moves could affect the exit price.
This analysis cannot account for property-specific issues only discoverable through inspection: structural problems, environmental hazards, title issues, or zoning restrictions.
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Net Profit
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Comparable Sales
Estimated ARV (Based on 5 Comps)
$1,661,400
| Address | Sale Price | Beds/Baths | Sq Ft | $/SF | Similarity | Sale Date |
|---|---|---|---|---|---|---|
| 845 N 2nd Ave Apt 1F Phoenix, 85003 |
$3,500,000 | None/None | 0 | $0 | 100% | 12/23/2025 |
| 126 E Coronado Rd # 59 Phoenix, 85004 |
$310,000 | None/None | 0 | $0 | 90% | 01/28/2026 |
| 101 W CYPRESS ST, PHOENIX, AZ 85003 PHOENIX, 85003 |
$1,680,000 | None/4.0 | 3,104 | $541 | 87.5% | 04/16/2025 |
| 306 W Culver St Phoenix, 85003 |
$880,000 | None/None | 2,351 | $374 | 86.0% | 12/22/2025 |
| 130 W PALM LN, PHOENIX, AZ 85003 PHOENIX, 85003 |
$1,650,000 | None/4.0 | 2,993 | $551 | 85.8% | 03/26/2025 |
FlipTarget Score Breakdown
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Score
FlipTarget Score
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