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Clearfield — S 500 E

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Davis County · 3 bd / 1 ba · 1,255 sqft · Single family · Assignable contract

Buy & hold

$254,000

$202/sqft

ARV — MLS-verified

$350,000

Est. rent

$2,100/mo

Spread before rehab

$96,000

Wholesaler's claimed ARV: $365,000 — $15,000 above our estimate (4% higher).

About this deal

Clearfield 3/1 rambler at $249K — 1,255 sqft, all one level, on a .21-acre lot — against a $350K MLS-verified ARV. Assignable contract; buyer pays both sides of closing.

Three-bed, one-bath 1950 rambler on S 500 E in Clearfield — 1,255 square feet, all on one level, on a 0.21-acre lot with a lifetime roof (2009), double-pane windows and updated plumbing, vacant and shown by appointment. The after-repair value lands at $350K, anchored to two same-vintage 3/1 solds in the immediate submarket that closed at $355K and $358K. At $249K the ask sits near 71% of that ARV, which makes this a buy-and-hold rather than a flip — the house is rent-ready now and the margin is in the buy. The swing factor is the single bath, which caps the rent and resale ceiling and is what keeps our number conservative.

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. We only publish an ARV once our licensed agents have confirmed it against MLS sold comps — until then it reads "Pending MLS verification." 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.

Key dates

Dates pending confirmation from the contract holder.

No dates stated in the source email — offer deadline, EMD and settlement terms to be confirmed. Vacant, shown by appointment only. Buyer pays both sides of closing costs.

Run the flip numbers

Pre-loaded with this property's figures — drag to test your assumptions.

Flip results

Net profit$18,025
All-in (price + rehab + holding)$307,475
Holding costs$13,475
Selling costs$24,500
Return on cash in5.9%
Basis as % of ARV84% (70% rule target)

Estimates for planning only — not financial advice. ARV defaults to our conservative comp-based estimate; run your own comps.

Run the rental numbers

Pre-loaded with this property's figures — drag to test your assumptions.

Results

Monthly cash flow$353
Mortgage (P&I)$1,236
Operating expenses$511
↳ incl. taxes & insurance (auto est.)$301
Cap rate7.51%
Cash-on-cash return6.68%
Cash needed (down payment)$63,500

Estimates for planning only — not financial advice. Want a deal underwritten for real? Join the investor list.

Red Valley Real Estate. Wholesale opportunities are assignable-contract (equitable interest) positions sourced from third-party wholesalers; Red Valley does not hold the contract or represent the property seller unless otherwise disclosed. Figures are estimates for planning purposes and not financial advice.