District of Columbia

District of Columbia House Flipping Profitability

out of 51

State Rank in Flip Profit

Array
(
    [0] => Array
        (
            [CountyName] => District Of Columbia
            [dma_name] => Washington, DC (Hagerstown, MD)
            [flips] => 744
            [purchase_price] => 347202
            [resale_price] => 543554
            [gross_margin] => 196352
            [gross_margin_perc] => 56.5527
            [flipcount_rank] => 1
            [flipmargin_rank] => 1
        )

)
Top 5 Counties in DC
CountyMarket AreaProfit Margin
District Of ColumbiaWashington, DC (Hagerstown, MD)57%
Bottom 5 Counties in DC
CountyMarket AreaProfit Margin
District Of ColumbiaWashington, DC (Hagerstown, MD)57%

We calculate the profit margin by subtracting the original purchase price of the home from the new resale price across the average flipped house in that particular region (zip, county, or state).

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