House Flipping Report
Neighborhood Data
West Olive, MI 49460
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 West Olive, MI . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Ottawa County , we've been able to rank it against its peer counties within Michigan. To provide an even fuller picture, we also ranked Michigan against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Michigan
#12th in US
#37th in US
Ottawa County
#6th in MI
#2nd in MI
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
$ 303,900
-0.01% YoY Change
Latest Monthly Sales Count
446
List Price /sqft
$181
0.04% from last quarter
Reduced Listings /Month
12
-0.25% from last quarter
Average Home Sqft
$2,530
0.1% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Ottawa County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Michigan
9,995,915
0.2%
#10th in US
Ottawa County
290,494
1.24%
#8th in MI
49460
8,126
#62nd in MI
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.
Array
(
[zip_id] => 19236
[country] => USA
[zip] => 49460
[city] => West Olive
[state] => Michigan
[state_abbr] => MI
[county] => Ottawa
[dma] => 563
[latitude] => 42.9289
[longitude] => -86.1048
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 49460
[zip_name] => west olive, mi
[flag] =>
[median_listing_price] => 400050
[median_listing_price_mm] => -0.1974
[median_listing_price_yy] => -0.1109
[active_listing_count] => 46
[active_listing_count_mm] => -0.1786
[active_listing_count_yy] => 0.2432
[median_days_on_market] => 89
[median_days_on_market_mm] => 0.2192
[median_days_on_market_yy] => -0.043
[new_listing_count] => 4
[new_listing_count_mm] => -0.5
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 12
[price_reduced_count_mm] => -0.25
[price_reduced_count_yy] => 2
[pending_listing_count] => 0
[pending_listing_count_mm] =>
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 181
[median_listing_price_per_square_feet_mm] => 0.0356
[median_listing_price_per_square_feet_yy] => 0.1406
[median_square_feet] => 2530
[median_square_feet_mm] => -0.0321
[median_square_feet_yy] => 0.0995
[average_listing_price] => 530387
[average_listing_price_mm] => -0.0493
[average_listing_price_yy] => -0.1775
[total_listing_count] => 46
[total_listing_count_mm] => -0.1786
[total_listing_count_yy] => 0
[pending_ratio_mm] => 0
[pending_ratio_yy] => 0
[RegionID] => 79772
[RegionName] => 49460
[State] => MI
[Metro] => Grand Rapids-Wyoming
[County] => Ottawa County
[City] => West Olive
[SizeRank] => 948
[Zhvi] => 282700
[MoM] => 0.00141693
[QoQ] => 0.00248227
[YoY] => -0.00632689
[5Year] => 0.0605527
[10Year] => 0.0397726
[PeakMonth] => 2018-11
[PeakQuarter] => 2018-Q4
[PeakZHVI] => 288200
[PctFallFromPeak] => -0.019084
[LastTimeAtCurrZHVI] => 2018-09
[flips] => 8216
[purchase_price] => 77923
[resale_price] => 131140
[gross_margin] => 53217
[flipcount_rank] => 12
[flipmargin_rank] => 37
[counties] => 83
[zip_population] => 8126
[zip_rank] => 362
[state_population] => 9995915
[state_rank] => 10
[state_difference] => 0.195139
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,250900,251900,270900,262900,262900,279900,273800,272900,294900,279900,279900,279900,279900,270900,268900,281950,287900,289400,309900,317000,305400,344900,336950,303900"
[list_prices_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] =>
[17] =>
[18] =>
[19] =>
[20] =>
[21] =>
[22] =>
[23] =>
[24] =>
[25] =>
[26] =>
[27] =>
[28] =>
[29] =>
[30] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] =>
[52] =>
[53] =>
[54] =>
[55] =>
[56] =>
[57] =>
[58] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] =>
[75] =>
[76] =>
[77] =>
[78] =>
[79] =>
[80] =>
[81] =>
[82] =>
[83] =>
[84] =>
[85] =>
[86] =>
[87] =>
[88] =>
[89] =>
[90] =>
[91] =>
[92] =>
[93] =>
[94] =>
[95] =>
[96] => 250900
[97] => 251900
[98] => 270900
[99] => 262900
[100] => 262900
[101] => 279900
[102] => 273800
[103] => 272900
[104] => 294900
[105] => 279900
[106] => 279900
[107] => 279900
[108] => 279900
[109] => 270900
[110] => 268900
[111] => 281950
[112] => 287900
[113] => 289400
[114] => 309900
[115] => 317000
[116] => 305400
[117] => 344900
[118] => 336950
[119] => 303900
)
)
Array
(
[county_name] => Ottawa
[state] => Michigan
[state_fips] => 26
[county_fips] => 26139
[dma] => 563
[metro_name] => Grand Rapids, MI
[cbsa_name] => Grand Rapids-Wyoming, MI
[county_region_id_zillow] => 1300
[metro_region_id_zillow] => 394640
[fips] => 26139
[cbsa_code] => 24340
[population_prior] => 286922
[population] => 290494
[rank] => 8
[difference] => 1.244937649
[region_id] => 1300
[sale_counts] => "349,350,291,282,253,255,249,271,267,274,253,270,270,270,246,223,246,258,278,286,302,330,312,324,312,343,346,344,306,256,227,229,233,249,259,317,324,344,295,280,253,279,256,262,265,308,328,376,400,416,361,351,329,322,316,350,379,408,411,459,449,445,420,423,423,413,420,409,397,398,395,427,415,427,401,415,455,465,472,444,465,473,472,459,467,470,455,479,482,528,500,490,465,473,493,549,543,531,500,508,508,500,508,523,523,498,504,522,548,535,510,502,512,513,516,521,531,507,515,531,546,535,510,495,480,474,459,445,426,416,400,447,455,482,425,443,441,459,433,427,415,446"
[county] => Ottawa
[flips] => 316
[purchase_price] => 114816
[resale_price] => 251782
[gross_margin] => 136966
[flipcount_rank] => 6
[flipmargin_rank] => 2
[sale_counts_exploded] => Array
(
[0] => 349
[1] => 350
[2] => 291
[3] => 282
[4] => 253
[5] => 255
[6] => 249
[7] => 271
[8] => 267
[9] => 274
[10] => 253
[11] => 270
[12] => 270
[13] => 270
[14] => 246
[15] => 223
[16] => 246
[17] => 258
[18] => 278
[19] => 286
[20] => 302
[21] => 330
[22] => 312
[23] => 324
[24] => 312
[25] => 343
[26] => 346
[27] => 344
[28] => 306
[29] => 256
[30] => 227
[31] => 229
[32] => 233
[33] => 249
[34] => 259
[35] => 317
[36] => 324
[37] => 344
[38] => 295
[39] => 280
[40] => 253
[41] => 279
[42] => 256
[43] => 262
[44] => 265
[45] => 308
[46] => 328
[47] => 376
[48] => 400
[49] => 416
[50] => 361
[51] => 351
[52] => 329
[53] => 322
[54] => 316
[55] => 350
[56] => 379
[57] => 408
[58] => 411
[59] => 459
[60] => 449
[61] => 445
[62] => 420
[63] => 423
[64] => 423
[65] => 413
[66] => 420
[67] => 409
[68] => 397
[69] => 398
[70] => 395
[71] => 427
[72] => 415
[73] => 427
[74] => 401
[75] => 415
[76] => 455
[77] => 465
[78] => 472
[79] => 444
[80] => 465
[81] => 473
[82] => 472
[83] => 459
[84] => 467
[85] => 470
[86] => 455
[87] => 479
[88] => 482
[89] => 528
[90] => 500
[91] => 490
[92] => 465
[93] => 473
[94] => 493
[95] => 549
[96] => 543
[97] => 531
[98] => 500
[99] => 508
[100] => 508
[101] => 500
[102] => 508
[103] => 523
[104] => 523
[105] => 498
[106] => 504
[107] => 522
[108] => 548
[109] => 535
[110] => 510
[111] => 502
[112] => 512
[113] => 513
[114] => 516
[115] => 521
[116] => 531
[117] => 507
[118] => 515
[119] => 531
[120] => 546
[121] => 535
[122] => 510
[123] => 495
[124] => 480
[125] => 474
[126] => 459
[127] => 445
[128] => 426
[129] => 416
[130] => 400
[131] => 447
[132] => 455
[133] => 482
[134] => 425
[135] => 443
[136] => 441
[137] => 459
[138] => 433
[139] => 427
[140] => 415
[141] => 446
)
)