Syracuse — 1850 S

About this deal

2006 build with a walkout basement and paid-off solar — the strongest hold on the board, but the listed square footage needs verifying before you underwrite it.

2006 build on 0.20 acres in Davis County. Walkout basement, fully paid-off solar, and finishes the contract holder describes as needing little rehab. Occupied, shown by appointment.

How we got our ARV

Our conservative comp-based ARV is $675,000 — provisional, medium confidence. Syracuse 84075 median sale is $585,000 at $265/sqft; valuing 1,669 above-grade sqft near $265 and the basement near $145 lands at roughly $686,000, and we hold to a $650,000–$715,000 range. The claimed $730,000+ sits about $55,000 above us, or 8% — one of the more honest claims we've seen.

The underwrite

At $549,000 the ask is 81% of our ARV, so it fails the 70% flip line: a flip offer caps near $452,000 after roughly $20,000 of cosmetics. It works as a hold instead. Finishing the basement kitchen creates a second unit and pushes combined rent toward $3,400/mo against our $2,900 single-tenant estimate.

Red Valley Real Estate presents every deal in the same format — asking price, ARV, and projected rent — so you can compare opportunities side by side. The ARV we show is our OWN conservative comp-based estimate, not the wholesaler's number: we comp every deal independently and lean to the low end, then show the wholesaler's claim beside ours so you can see the gap. Public-comp figures are marked provisional until our licensed agents confirm them against MLS sold data. We don't publish rehab numbers we can't stand behind: where you see a rehab range, it comes from our review of the property photos, and you can test your own assumptions with the calculators below or ask us to arrange a contractor walkthrough.