Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Cumnock, NC. If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Lee County, we've been able to rank it against its peer counties within North Carolina. To provide an even fuller picture, we also ranked North Carolina against all other US states.
Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.
Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.
27237 Historical Monthly Listing Prices
No Data Available
Lee Historical Monthly Home Sales
Latest Monthly Sales Count
95
Population Rank
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Lee County. This is a good sign that flipping a house here will be successful.
FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.