House Flipping Report
Neighborhood Data
Lake Alfred, FL 33850
Print
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 Lake Alfred, FL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Polk County , we've been able to rank it against its peer counties within Florida. To provide an even fuller picture, we also ranked Florida against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Florida
#1st in US
#27th in US
Polk County
#11th in FL
#20th in FL
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.
Latest Median Sale Price
$ 199,990
0.07% YoY Change
Latest Monthly Sales Count
1,239
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Polk County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Florida
21,299,325
1.54%
#3rd in US
Polk County
708,009
3.23%
#9th in FL
33850
7,519
#31st in FL
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.
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