The Top Markets To Flip A House In

Janet Firth

Flipping houses has become somewhat of a new phenomenon in the United States, HGTV alone has three different shows based on flipping

houses alone. There seems to be a new realization on the profit associated with flipping an outdated house and quickly selling it.

So where exactly are people seeing the most success? Business Insider composed a list, based on RealtyTrac data, on the top counties in the

country where “flippers” made 65%+ return on investment. Here are there top 5 markets…

Allegheny, PennsylvaniaAverage Gross Return on Investment: 99.3%"Average Gross Profit: $76,780

Average Purchase Price: $77,330" Average Flipped Price: $154,110

Google Maps

Cumberland, New JerseyAverage Gross Return on Investment: 98.3%"Average Gross Profit: $67,692

Average Purchase Price: $68,833" Average Flipped Price: $136,525

Wikimedia Commons

New London, ConnecticutAverage Gross Return on Investment: 85.9%"Average Gross Profit: $88,900

Average Purchase Price: $103,438" Average Flipped Price: $192,338

Wikimedia Commons

Jackson, MichiganAverage Gross Return on Investment: 82.4%"Average Gross Profit: $54,214

Average Purchase Price: $65,786" Average Flipped Price: $120,000

Wikimedia Commons

Prince George’s County, MarylandAverage Gross Return on Investment: 74.8%"Average Gross Profit: $109,153

Average Purchase Price: $145,896" Average Flipped Price: $255,048

RealtyTrac.com

RealtyTrac.com