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2020-06-17 Top 10 Zip Codes with Highest Home Flipping Profits | By: Brad Beckett

Top 10 Zip Codes with Highest Home Flipping Profits

According to ATTOM Data’s latest U.S. Home Flipping Report, home flipping nationwide increased to a 14-year high in Q1 of 2020, while returns dropped to a nine-year low.  ATTOM says there were 53,705 single-family homes & condos flipped in Q1, representing 7.5% of all home sales during the quarter, reaching the highest level since Q2 2006.  In addition, they said the gross profit on the typical flip also increased in Q1, to $62,300, up slightly from $62k in Q4 2019. However with rising home prices, that profit translated into a 36.7% ROI – the lowest level for home flipping since the Q3 2011. 

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