House Flipping Report
Neighborhood Data
Peninsula, OH 44264
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 Peninsula, OH . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Summit County , we've been able to rank it against its peer counties within Ohio. To provide an even fuller picture, we also ranked Ohio against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Ohio
#8th in US
#33rd in US
Summit County
#5th in OH
#24th in OH
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 Monthly Sales Count
868
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Summit County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Ohio
11,689,442
0.22%
#7th in US
Summit County
541,918
0.03%
#4th in OH
44264
2,315
#52nd in OH
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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