North Carolina

North Carolina House Flipping Profitability

out of 51

State Rank in Flip Profit

Array
(
    [0] => Array
        (
            [CountyName] => Halifax
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 14
            [purchase_price] => 71990
            [resale_price] => 12000
            [gross_margin] => -59990
            [gross_margin_perc] => -83.3310
            [flipcount_rank] => 66
            [flipmargin_rank] => 81
        )

    [1] => Array
        (
            [CountyName] => Bertie
            [dma_name] => Greenville-New Bern-Washington, NC
            [flips] => 6
            [purchase_price] => 215248
            [resale_price] => 77500
            [gross_margin] => -137748
            [gross_margin_perc] => -63.9950
            [flipcount_rank] => 77
            [flipmargin_rank] => 80
        )

    [2] => Array
        (
            [CountyName] => Lenoir
            [dma_name] => Greenville-New Bern-Washington, NC
            [flips] => 31
            [purchase_price] => 38100
            [resale_price] => 28000
            [gross_margin] => -10100
            [gross_margin_perc] => -26.5092
            [flipcount_rank] => 50
            [flipmargin_rank] => 79
        )

    [3] => Array
        (
            [CountyName] => Ashe
            [dma_name] => Charlotte, NC
            [flips] => 20
            [purchase_price] => 143500
            [resale_price] => 112000
            [gross_margin] => -31500
            [gross_margin_perc] => -21.9512
            [flipcount_rank] => 60
            [flipmargin_rank] => 78
        )

    [4] => Array
        (
            [CountyName] => Transylvania
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 37
            [purchase_price] => 234324
            [resale_price] => 238014
            [gross_margin] => 3689
            [gross_margin_perc] => 1.5743
            [flipcount_rank] => 46
            [flipmargin_rank] => 77
        )

    [5] => Array
        (
            [CountyName] => Macon
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 30
            [purchase_price] => 122000
            [resale_price] => 128000
            [gross_margin] => 6000
            [gross_margin_perc] => 4.9180
            [flipcount_rank] => 51
            [flipmargin_rank] => 76
        )

    [6] => Array
        (
            [CountyName] => Orange
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 120
            [purchase_price] => 207775
            [resale_price] => 232675
            [gross_margin] => 24900
            [gross_margin_perc] => 11.9841
            [flipcount_rank] => 20
            [flipmargin_rank] => 75
        )

    [7] => Array
        (
            [CountyName] => Wake
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 2052
            [purchase_price] => 230028
            [resale_price] => 259230
            [gross_margin] => 29202
            [gross_margin_perc] => 12.6950
            [flipcount_rank] => 2
            [flipmargin_rank] => 74
        )

    [8] => Array
        (
            [CountyName] => Washington
            [dma_name] => Greenville-New Bern-Washington, NC
            [flips] => 6
            [purchase_price] => 22050
            [resale_price] => 25000
            [gross_margin] => 2950
            [gross_margin_perc] => 13.3787
            [flipcount_rank] => 77
            [flipmargin_rank] => 73
        )

    [9] => Array
        (
            [CountyName] => Bladen
            [dma_name] => Wilmington, NC
            [flips] => 12
            [purchase_price] => 68500
            [resale_price] => 79342
            [gross_margin] => 10842
            [gross_margin_perc] => 15.8277
            [flipcount_rank] => 68
            [flipmargin_rank] => 72
        )

    [10] => Array
        (
            [CountyName] => Swain
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 8
            [purchase_price] => 152250
            [resale_price] => 177000
            [gross_margin] => 24750
            [gross_margin_perc] => 16.2562
            [flipcount_rank] => 75
            [flipmargin_rank] => 71
        )

    [11] => Array
        (
            [CountyName] => Sampson
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 26
            [purchase_price] => 51500
            [resale_price] => 60000
            [gross_margin] => 8500
            [gross_margin_perc] => 16.5049
            [flipcount_rank] => 53
            [flipmargin_rank] => 70
        )

    [12] => Array
        (
            [CountyName] => Edgecombe
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 30
            [purchase_price] => 33550
            [resale_price] => 39500
            [gross_margin] => 5950
            [gross_margin_perc] => 17.7347
            [flipcount_rank] => 51
            [flipmargin_rank] => 69
        )

    [13] => Array
        (
            [CountyName] => Jackson
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 22
            [purchase_price] => 178875
            [resale_price] => 211000
            [gross_margin] => 32125
            [gross_margin_perc] => 17.9595
            [flipcount_rank] => 56
            [flipmargin_rank] => 68
        )

    [14] => Array
        (
            [CountyName] => Yancey
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 8
            [purchase_price] => 139500
            [resale_price] => 170000
            [gross_margin] => 30500
            [gross_margin_perc] => 21.8638
            [flipcount_rank] => 75
            [flipmargin_rank] => 67
        )

    [15] => Array
        (
            [CountyName] => Mecklenburg
            [dma_name] => Charlotte, NC
            [flips] => 2290
            [purchase_price] => 183000
            [resale_price] => 224500
            [gross_margin] => 41500
            [gross_margin_perc] => 22.6776
            [flipcount_rank] => 1
            [flipmargin_rank] => 66
        )

    [16] => Array
        (
            [CountyName] => Watauga
            [dma_name] => Charlotte, NC
            [flips] => 35
            [purchase_price] => 256000
            [resale_price] => 315000
            [gross_margin] => 59000
            [gross_margin_perc] => 23.0469
            [flipcount_rank] => 48
            [flipmargin_rank] => 65
        )

    [17] => Array
        (
            [CountyName] => Union
            [dma_name] => Charlotte, NC
            [flips] => 383
            [purchase_price] => 191456
            [resale_price] => 237000
            [gross_margin] => 45544
            [gross_margin_perc] => 23.7882
            [flipcount_rank] => 8
            [flipmargin_rank] => 64
        )

    [18] => Array
        (
            [CountyName] => Pender
            [dma_name] => Wilmington, NC
            [flips] => 48
            [purchase_price] => 151500
            [resale_price] => 191250
            [gross_margin] => 39750
            [gross_margin_perc] => 26.2376
            [flipcount_rank] => 40
            [flipmargin_rank] => 63
        )

    [19] => Array
        (
            [CountyName] => Franklin
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 93
            [purchase_price] => 160000
            [resale_price] => 206000
            [gross_margin] => 46000
            [gross_margin_perc] => 28.7500
            [flipcount_rank] => 26
            [flipmargin_rank] => 62
        )

    [20] => Array
        (
            [CountyName] => Hertford
            [dma_name] => Norfolk-Portsmouth-Newport News, VA
            [flips] => 6
            [purchase_price] => 42000
            [resale_price] => 54500
            [gross_margin] => 12500
            [gross_margin_perc] => 29.7619
            [flipcount_rank] => 77
            [flipmargin_rank] => 61
        )

    [21] => Array
        (
            [CountyName] => Dare
            [dma_name] => Norfolk-Portsmouth-Newport News, VA
            [flips] => 98
            [purchase_price] => 255000
            [resale_price] => 331250
            [gross_margin] => 76250
            [gross_margin_perc] => 29.9020
            [flipcount_rank] => 23
            [flipmargin_rank] => 60
        )

    [22] => Array
        (
            [CountyName] => Johnston
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 289
            [purchase_price] => 150108
            [resale_price] => 199159
            [gross_margin] => 49051
            [gross_margin_perc] => 32.6771
            [flipcount_rank] => 11
            [flipmargin_rank] => 59
        )

    [23] => Array
        (
            [CountyName] => Durham
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 575
            [purchase_price] => 160907
            [resale_price] => 215562
            [gross_margin] => 54655
            [gross_margin_perc] => 33.9668
            [flipcount_rank] => 4
            [flipmargin_rank] => 58
        )

    [24] => Array
        (
            [CountyName] => Chatham
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 17
            [purchase_price] => 109059
            [resale_price] => 147500
            [gross_margin] => 38441
            [gross_margin_perc] => 35.2479
            [flipcount_rank] => 62
            [flipmargin_rank] => 57
        )

    [25] => Array
        (
            [CountyName] => Avery
            [dma_name] => Charlotte, NC
            [flips] => 32
            [purchase_price] => 99891
            [resale_price] => 135938
            [gross_margin] => 36047
            [gross_margin_perc] => 36.0863
            [flipcount_rank] => 49
            [flipmargin_rank] => 56
        )

    [26] => Array
        (
            [CountyName] => Buncombe
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 186
            [purchase_price] => 183871
            [resale_price] => 250484
            [gross_margin] => 66613
            [gross_margin_perc] => 36.2281
            [flipcount_rank] => 15
            [flipmargin_rank] => 55
        )

    [27] => Array
        (
            [CountyName] => Duplin
            [dma_name] => Greenville-New Bern-Washington, NC
            [flips] => 48
            [purchase_price] => 87500
            [resale_price] => 125000
            [gross_margin] => 37500
            [gross_margin_perc] => 42.8571
            [flipcount_rank] => 40
            [flipmargin_rank] => 54
        )

    [28] => Array
        (
            [CountyName] => Haywood
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 42
            [purchase_price] => 137262
            [resale_price] => 201690
            [gross_margin] => 64429
            [gross_margin_perc] => 46.9387
            [flipcount_rank] => 43
            [flipmargin_rank] => 53
        )

    [29] => Array
        (
            [CountyName] => Pitt
            [dma_name] => Greenville-New Bern-Washington, NC
            [flips] => 97
            [purchase_price] => 85000
            [resale_price] => 128000
            [gross_margin] => 43000
            [gross_margin_perc] => 50.5882
            [flipcount_rank] => 24
            [flipmargin_rank] => 52
        )

    [30] => Array
        (
            [CountyName] => Cabarrus
            [dma_name] => Charlotte, NC
            [flips] => 554
            [purchase_price] => 121699
            [resale_price] => 187220
            [gross_margin] => 65522
            [gross_margin_perc] => 53.8394
            [flipcount_rank] => 5
            [flipmargin_rank] => 51
        )

    [31] => Array
        (
            [CountyName] => Surry
            [dma_name] => Greensboro-High Point-Winston Salem, NC
            [flips] => 67
            [purchase_price] => 72750
            [resale_price] => 113000
            [gross_margin] => 40250
            [gross_margin_perc] => 55.3265
            [flipcount_rank] => 34
            [flipmargin_rank] => 50
        )

    [32] => Array
        (
            [CountyName] => Nash
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 106
            [purchase_price] => 102772
            [resale_price] => 160000
            [gross_margin] => 57228
            [gross_margin_perc] => 55.6844
            [flipcount_rank] => 22
            [flipmargin_rank] => 49
        )

    [33] => Array
        (
            [CountyName] => Gaston
            [dma_name] => Charlotte, NC
            [flips] => 484
            [purchase_price] => 100551
            [resale_price] => 156944
            [gross_margin] => 56394
            [gross_margin_perc] => 56.0850
            [flipcount_rank] => 7
            [flipmargin_rank] => 48
        )

    [34] => Array
        (
            [CountyName] => New Hanover
            [dma_name] => Wilmington, NC
            [flips] => 225
            [purchase_price] => 147000
            [resale_price] => 230080
            [gross_margin] => 83080
            [gross_margin_perc] => 56.5170
            [flipcount_rank] => 12
            [flipmargin_rank] => 47
        )

    [35] => Array
        (
            [CountyName] => Henderson
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 86
            [purchase_price] => 137750
            [resale_price] => 217000
            [gross_margin] => 79250
            [gross_margin_perc] => 57.5318
            [flipcount_rank] => 29
            [flipmargin_rank] => 46
        )

    [36] => Array
        (
            [CountyName] => Stanly
            [dma_name] => Charlotte, NC
            [flips] => 70
            [purchase_price] => 101671
            [resale_price] => 162857
            [gross_margin] => 61186
            [gross_margin_perc] => 60.1804
            [flipcount_rank] => 33
            [flipmargin_rank] => 45
        )

    [37] => Array
        (
            [CountyName] => Clay
            [dma_name] => Atlanta, GA
            [flips] => 11
            [purchase_price] => 135000
            [resale_price] => 216500
            [gross_margin] => 81500
            [gross_margin_perc] => 60.3704
            [flipcount_rank] => 70
            [flipmargin_rank] => 44
        )

    [38] => Array
        (
            [CountyName] => Montgomery
            [dma_name] => Greensboro-High Point-Winston Salem, NC
            [flips] => 11
            [purchase_price] => 48500
            [resale_price] => 80000
            [gross_margin] => 31500
            [gross_margin_perc] => 64.9485
            [flipcount_rank] => 70
            [flipmargin_rank] => 43
        )

    [39] => Array
        (
            [CountyName] => Iredell
            [dma_name] => Charlotte, NC
            [flips] => 327
            [purchase_price] => 119685
            [resale_price] => 199966
            [gross_margin] => 80281
            [gross_margin_perc] => 67.0769
            [flipcount_rank] => 10
            [flipmargin_rank] => 42
        )

    [40] => Array
        (
            [CountyName] => Caldwell
            [dma_name] => Charlotte, NC
            [flips] => 82
            [purchase_price] => 69000
            [resale_price] => 115500
            [gross_margin] => 46500
            [gross_margin_perc] => 67.3913
            [flipcount_rank] => 30
            [flipmargin_rank] => 41
        )

    [41] => Array
        (
            [CountyName] => Madison
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 10
            [purchase_price] => 99500
            [resale_price] => 166750
            [gross_margin] => 67250
            [gross_margin_perc] => 67.5879
            [flipcount_rank] => 73
            [flipmargin_rank] => 40
        )

    [42] => Array
        (
            [CountyName] => Richmond
            [dma_name] => Charlotte, NC
            [flips] => 12
            [purchase_price] => 46131
            [resale_price] => 77500
            [gross_margin] => 31369
            [gross_margin_perc] => 67.9998
            [flipcount_rank] => 68
            [flipmargin_rank] => 39
        )

    [43] => Array
        (
            [CountyName] => Onslow
            [dma_name] => Greenville-New Bern-Washington, NC
            [flips] => 346
            [purchase_price] => 90066
            [resale_price] => 151801
            [gross_margin] => 61735
            [gross_margin_perc] => 68.5442
            [flipcount_rank] => 9
            [flipmargin_rank] => 38
        )

    [44] => Array
        (
            [CountyName] => Guilford
            [dma_name] => Greensboro-High Point-Winston Salem, NC
            [flips] => 656
            [purchase_price] => 88788
            [resale_price] => 149720
            [gross_margin] => 60932
            [gross_margin_perc] => 68.6264
            [flipcount_rank] => 3
            [flipmargin_rank] => 37
        )

    [45] => Array
        (
            [CountyName] => Harnett
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 96
            [purchase_price] => 104656
            [resale_price] => 176641
            [gross_margin] => 71984
            [gross_margin_perc] => 68.7815
            [flipcount_rank] => 25
            [flipmargin_rank] => 36
        )

    [46] => Array
        (
            [CountyName] => Carteret
            [dma_name] => Greenville-New Bern-Washington, NC
            [flips] => 63
            [purchase_price] => 150000
            [resale_price] => 255000
            [gross_margin] => 105000
            [gross_margin_perc] => 70.0000
            [flipcount_rank] => 35
            [flipmargin_rank] => 35
        )

    [47] => Array
        (
            [CountyName] => Brunswick
            [dma_name] => Wilmington, NC
            [flips] => 178
            [purchase_price] => 139000
            [resale_price] => 240000
            [gross_margin] => 101000
            [gross_margin_perc] => 72.6619
            [flipcount_rank] => 16
            [flipmargin_rank] => 34
        )

    [48] => Array
        (
            [CountyName] => Burke
            [dma_name] => Charlotte, NC
            [flips] => 55
            [purchase_price] => 76851
            [resale_price] => 135873
            [gross_margin] => 59022
            [gross_margin_perc] => 76.8006
            [flipcount_rank] => 38
            [flipmargin_rank] => 33
        )

    [49] => Array
        (
            [CountyName] => Jones
            [dma_name] => Greenville-New Bern-Washington, NC
            [flips] => 15
            [purchase_price] => 39000
            [resale_price] => 70000
            [gross_margin] => 31000
            [gross_margin_perc] => 79.4872
            [flipcount_rank] => 65
            [flipmargin_rank] => 32
        )

    [50] => Array
        (
            [CountyName] => Craven
            [dma_name] => Greenville-New Bern-Washington, NC
            [flips] => 17
            [purchase_price] => 85500
            [resale_price] => 155000
            [gross_margin] => 69500
            [gross_margin_perc] => 81.2865
            [flipcount_rank] => 62
            [flipmargin_rank] => 31
        )

    [51] => Array
        (
            [CountyName] => Alexander
            [dma_name] => Charlotte, NC
            [flips] => 22
            [purchase_price] => 67893
            [resale_price] => 124750
            [gross_margin] => 56857
            [gross_margin_perc] => 83.7450
            [flipcount_rank] => 56
            [flipmargin_rank] => 30
        )

    [52] => Array
        (
            [CountyName] => Cleveland
            [dma_name] => Charlotte, NC
            [flips] => 92
            [purchase_price] => 74090
            [resale_price] => 136207
            [gross_margin] => 62117
            [gross_margin_perc] => 83.8399
            [flipcount_rank] => 27
            [flipmargin_rank] => 29
        )

    [53] => Array
        (
            [CountyName] => Forsyth
            [dma_name] => Greensboro-High Point-Winston Salem, NC
            [flips] => 551
            [purchase_price] => 83554
            [resale_price] => 154837
            [gross_margin] => 71283
            [gross_margin_perc] => 85.3137
            [flipcount_rank] => 6
            [flipmargin_rank] => 28
        )

    [54] => Array
        (
            [CountyName] => Randolph
            [dma_name] => Greensboro-High Point-Winston Salem, NC
            [flips] => 149
            [purchase_price] => 69751
            [resale_price] => 129705
            [gross_margin] => 59954
            [gross_margin_perc] => 85.9543
            [flipcount_rank] => 19
            [flipmargin_rank] => 27
        )

    [55] => Array
        (
            [CountyName] => Cherokee
            [dma_name] => Chattanooga, TN
            [flips] => 37
            [purchase_price] => 73250
            [resale_price] => 139000
            [gross_margin] => 65750
            [gross_margin_perc] => 89.7611
            [flipcount_rank] => 46
            [flipmargin_rank] => 26
        )

    [56] => Array
        (
            [CountyName] => Wilson
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 91
            [purchase_price] => 80000
            [resale_price] => 154500
            [gross_margin] => 74500
            [gross_margin_perc] => 93.1250
            [flipcount_rank] => 28
            [flipmargin_rank] => 25
        )

    [57] => Array
        (
            [CountyName] => Lee
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 78
            [purchase_price] => 87500
            [resale_price] => 169000
            [gross_margin] => 81500
            [gross_margin_perc] => 93.1429
            [flipcount_rank] => 31
            [flipmargin_rank] => 24
        )

    [58] => Array
        (
            [CountyName] => Hoke
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 56
            [purchase_price] => 98000
            [resale_price] => 192000
            [gross_margin] => 94000
            [gross_margin_perc] => 95.9184
            [flipcount_rank] => 37
            [flipmargin_rank] => 23
        )

    [59] => Array
        (
            [CountyName] => Alamance
            [dma_name] => Greensboro-High Point-Winston Salem, NC
            [flips] => 176
            [purchase_price] => 74126
            [resale_price] => 146000
            [gross_margin] => 71874
            [gross_margin_perc] => 96.9619
            [flipcount_rank] => 17
            [flipmargin_rank] => 22
        )

    [60] => Array
        (
            [CountyName] => Polk
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 21
            [purchase_price] => 112500
            [resale_price] => 224000
            [gross_margin] => 111500
            [gross_margin_perc] => 99.1111
            [flipcount_rank] => 58
            [flipmargin_rank] => 21
        )

    [61] => Array
        (
            [CountyName] => Camden
            [dma_name] => Norfolk-Portsmouth-Newport News, VA
            [flips] => 11
            [purchase_price] => 131900
            [resale_price] => 268000
            [gross_margin] => 136100
            [gross_margin_perc] => 103.1842
            [flipcount_rank] => 70
            [flipmargin_rank] => 20
        )

    [62] => Array
        (
            [CountyName] => Rutherford
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 57
            [purchase_price] => 50123
            [resale_price] => 108070
            [gross_margin] => 57947
            [gross_margin_perc] => 115.6096
            [flipcount_rank] => 36
            [flipmargin_rank] => 19
        )

    [63] => Array
        (
            [CountyName] => Davidson
            [dma_name] => Greensboro-High Point-Winston Salem, NC
            [flips] => 200
            [purchase_price] => 58150
            [resale_price] => 127985
            [gross_margin] => 69835
            [gross_margin_perc] => 120.0946
            [flipcount_rank] => 14
            [flipmargin_rank] => 18
        )

    [64] => Array
        (
            [CountyName] => Catawba
            [dma_name] => Charlotte, NC
            [flips] => 213
            [purchase_price] => 65427
            [resale_price] => 144610
            [gross_margin] => 79183
            [gross_margin_perc] => 121.0250
            [flipcount_rank] => 13
            [flipmargin_rank] => 17
        )

    [65] => Array
        (
            [CountyName] => Rockingham
            [dma_name] => Greensboro-High Point-Winston Salem, NC
            [flips] => 75
            [purchase_price] => 48262
            [resale_price] => 107400
            [gross_margin] => 59138
            [gross_margin_perc] => 122.5353
            [flipcount_rank] => 32
            [flipmargin_rank] => 16
        )

    [66] => Array
        (
            [CountyName] => Anson
            [dma_name] => Charlotte, NC
            [flips] => 13
            [purchase_price] => 40000
            [resale_price] => 91000
            [gross_margin] => 51000
            [gross_margin_perc] => 127.5000
            [flipcount_rank] => 67
            [flipmargin_rank] => 15
        )

    [67] => Array
        (
            [CountyName] => Yadkin
            [dma_name] => Greensboro-High Point-Winston Salem, NC
            [flips] => 21
            [purchase_price] => 49000
            [resale_price] => 118000
            [gross_margin] => 69000
            [gross_margin_perc] => 140.8163
            [flipcount_rank] => 58
            [flipmargin_rank] => 14
        )

    [68] => Array
        (
            [CountyName] => Rowan
            [dma_name] => Charlotte, NC
            [flips] => 164
            [purchase_price] => 58737
            [resale_price] => 141671
            [gross_margin] => 82934
            [gross_margin_perc] => 141.1955
            [flipcount_rank] => 18
            [flipmargin_rank] => 13
        )

    [69] => Array
        (
            [CountyName] => Person
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 24
            [purchase_price] => 56114
            [resale_price] => 137000
            [gross_margin] => 80886
            [gross_margin_perc] => 144.1458
            [flipcount_rank] => 55
            [flipmargin_rank] => 12
        )

    [70] => Array
        (
            [CountyName] => Lincoln
            [dma_name] => Charlotte, NC
            [flips] => 114
            [purchase_price] => 76500
            [resale_price] => 190000
            [gross_margin] => 113500
            [gross_margin_perc] => 148.3660
            [flipcount_rank] => 21
            [flipmargin_rank] => 11
        )

    [71] => Array
        (
            [CountyName] => Moore
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 9
            [purchase_price] => 67000
            [resale_price] => 167500
            [gross_margin] => 100500
            [gross_margin_perc] => 150.0000
            [flipcount_rank] => 74
            [flipmargin_rank] => 10
        )

    [72] => Array
        (
            [CountyName] => Cumberland
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 39
            [purchase_price] => 50000
            [resale_price] => 126000
            [gross_margin] => 76000
            [gross_margin_perc] => 152.0000
            [flipcount_rank] => 44
            [flipmargin_rank] => 9
        )

    [73] => Array
        (
            [CountyName] => Vance
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 38
            [purchase_price] => 45809
            [resale_price] => 117000
            [gross_margin] => 71191
            [gross_margin_perc] => 155.4083
            [flipcount_rank] => 45
            [flipmargin_rank] => 8
        )

    [74] => Array
        (
            [CountyName] => Pasquotank
            [dma_name] => Norfolk-Portsmouth-Newport News, VA
            [flips] => 25
            [purchase_price] => 60858
            [resale_price] => 186250
            [gross_margin] => 125392
            [gross_margin_perc] => 206.0403
            [flipcount_rank] => 54
            [flipmargin_rank] => 7
        )

    [75] => Array
        (
            [CountyName] => Mcdowell
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 6
            [purchase_price] => 27250
            [resale_price] => 83500
            [gross_margin] => 56250
            [gross_margin_perc] => 206.4220
            [flipcount_rank] => 77
            [flipmargin_rank] => 6
        )

    [76] => Array
        (
            [CountyName] => Currituck
            [dma_name] => Norfolk-Portsmouth-Newport News, VA
            [flips] => 48
            [purchase_price] => 102281
            [resale_price] => 315664
            [gross_margin] => 213383
            [gross_margin_perc] => 208.6243
            [flipcount_rank] => 40
            [flipmargin_rank] => 5
        )

    [77] => Array
        (
            [CountyName] => Davie
            [dma_name] => Greensboro-High Point-Winston Salem, NC
            [flips] => 49
            [purchase_price] => 56000
            [resale_price] => 222000
            [gross_margin] => 166000
            [gross_margin_perc] => 296.4286
            [flipcount_rank] => 39
            [flipmargin_rank] => 4
        )

    [78] => Array
        (
            [CountyName] => Mitchell
            [dma_name] => Greenville-Spartanburg, SC-Asheville, NC-Anderson,SC
            [flips] => 6
            [purchase_price] => 50000
            [resale_price] => 200000
            [gross_margin] => 150000
            [gross_margin_perc] => 300.0000
            [flipcount_rank] => 77
            [flipmargin_rank] => 3
        )

    [79] => Array
        (
            [CountyName] => Wayne
            [dma_name] => Raleigh-Durham (Fayetteville), NC
            [flips] => 18
            [purchase_price] => 42000
            [resale_price] => 245000
            [gross_margin] => 203000
            [gross_margin_perc] => 483.3333
            [flipcount_rank] => 61
            [flipmargin_rank] => 2
        )

    [80] => Array
        (
            [CountyName] => Martin
            [dma_name] => Greenville-New Bern-Washington, NC
            [flips] => 16
            [purchase_price] => 18500
            [resale_price] => 115500
            [gross_margin] => 97000
            [gross_margin_perc] => 524.3243
            [flipcount_rank] => 64
            [flipmargin_rank] => 1
        )

)
Top 5 Counties in NC
CountyMarket AreaProfit Margin
MartinGreenville-New Bern-Washington, NC524%
WayneRaleigh-Durham (Fayetteville), NC483%
MitchellGreenville-Spartanburg, SC-Asheville, NC-Anderson,SC300%
DavieGreensboro-High Point-Winston Salem, NC296%
CurrituckNorfolk-Portsmouth-Newport News, VA209%
McdowellGreenville-Spartanburg, SC-Asheville, NC-Anderson,SC206%
Bottom 5 Counties in NC
CountyMarket AreaProfit Margin
HalifaxRaleigh-Durham (Fayetteville), NC-83%
BertieGreenville-New Bern-Washington, NC-64%
LenoirGreenville-New Bern-Washington, NC-27%
AsheCharlotte, NC-22%
TransylvaniaGreenville-Spartanburg, SC-Asheville, NC-Anderson,SC2%
MaconGreenville-Spartanburg, SC-Asheville, NC-Anderson,SC5%

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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