House Flipping Report
Neighborhood Data
Gaylord, MI 49735
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 Gaylord, MI . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Otsego 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
Otsego County
#31st in MI
#37th 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
$ 155,000
0.18% YoY Change
Latest Monthly Sales Count
66
Reduced Listings /Month
4
-0.75% from last quarter
Average Home Sqft
$1,989
-0.07% 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 Otsego 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
Otsego County
24,665
0.39%
#57th in MI
49735
19,515
#99th 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] => 19215
[country] => USA
[zip] => 49735
[city] => Gaylord
[state] => Michigan
[state_abbr] => MI
[county] => Otsego
[dma] => 540
[latitude] => 44.9915
[longitude] => -84.6522
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 49735
[zip_name] => gaylord, mi
[flag] =>
[median_listing_price] => 175050
[median_listing_price_mm] => -0.1245
[median_listing_price_yy] => -0.0168
[active_listing_count] => 95
[active_listing_count_mm] => -0.1667
[active_listing_count_yy] => -0.3357
[median_days_on_market] => 133
[median_days_on_market_mm] => 0.1176
[median_days_on_market_yy] => 0.0813
[new_listing_count] => 16
[new_listing_count_mm] => -0.4286
[new_listing_count_yy] => -0.2
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.75
[price_reduced_count_yy] => -0.75
[pending_listing_count] => 29
[pending_listing_count_mm] => -0.3409
[pending_listing_count_yy] => 0.9333
[median_listing_price_per_square_feet] => 94
[median_listing_price_per_square_feet_mm] => 0.004
[median_listing_price_per_square_feet_yy] => 0.0694
[median_square_feet] => 1989
[median_square_feet_mm] => -0.0549
[median_square_feet_yy] => -0.0656
[average_listing_price] => 266106
[average_listing_price_mm] => -0.0078
[average_listing_price_yy] => 0.0844
[total_listing_count] => 124
[total_listing_count_mm] => -0.2152
[total_listing_count_yy] => 0.3053
[pending_ratio_mm] => -0.0807
[pending_ratio_yy] => 0.2004
[RegionID] => 79903
[RegionName] => 49735
[State] => MI
[Metro] =>
[County] => Otsego County
[City] => Gaylord
[SizeRank] => 535
[Zhvi] => 137400
[MoM] => 0.0102941
[QoQ] => 0.0369811
[YoY] => 0.184483
[5Year] => 0.0738963
[10Year] => 0.0368298
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 137400
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 8216
[purchase_price] => 77923
[resale_price] => 131140
[gross_margin] => 53217
[flipcount_rank] => 12
[flipmargin_rank] => 37
[counties] => 83
[zip_population] => 19515
[zip_rank] => 199
[state_population] => 9995915
[state_rank] => 10
[state_difference] => 0.195139
[list_prices] => "152000,147000,139450,139900,148000,143450,139900,139000,139000,139000,139250,134900,134000,134900,134300,135000,130450,134950,133100,133100,135000,133300,130900,129900,130000,132500,135000,132500,132500,134100,130000,133200,134500,129900,129900,129500,125950,127400,129450,129900,130999.5,138000,137500,129900,131900,129500,125000,124950,125000,125000,128700,129500,132500,139000,137000,135000,135000,134900,135000,134900,135900,136900,136700,132500,139900,138750,138750,139900,141000,139900,139000,134900,129900,127500,129900,135000,138000,135000,134900,134500,129900,129900,129900,129900,125000,127000,136950,149000,154950,154500,154950,153500,154950,149900,149900,149900,149000,154950,148500,149900,155500,162500,159900,159000,159900,159900,159900,159950,164000,158750,159900,164900,164900,165900,168250,167500,164950,161000,159900,155000"
[list_prices_exploded] => Array
(
[0] => 152000
[1] => 147000
[2] => 139450
[3] => 139900
[4] => 148000
[5] => 143450
[6] => 139900
[7] => 139000
[8] => 139000
[9] => 139000
[10] => 139250
[11] => 134900
[12] => 134000
[13] => 134900
[14] => 134300
[15] => 135000
[16] => 130450
[17] => 134950
[18] => 133100
[19] => 133100
[20] => 135000
[21] => 133300
[22] => 130900
[23] => 129900
[24] => 130000
[25] => 132500
[26] => 135000
[27] => 132500
[28] => 132500
[29] => 134100
[30] => 130000
[31] => 133200
[32] => 134500
[33] => 129900
[34] => 129900
[35] => 129500
[36] => 125950
[37] => 127400
[38] => 129450
[39] => 129900
[40] => 130999.5
[41] => 138000
[42] => 137500
[43] => 129900
[44] => 131900
[45] => 129500
[46] => 125000
[47] => 124950
[48] => 125000
[49] => 125000
[50] => 128700
[51] => 129500
[52] => 132500
[53] => 139000
[54] => 137000
[55] => 135000
[56] => 135000
[57] => 134900
[58] => 135000
[59] => 134900
[60] => 135900
[61] => 136900
[62] => 136700
[63] => 132500
[64] => 139900
[65] => 138750
[66] => 138750
[67] => 139900
[68] => 141000
[69] => 139900
[70] => 139000
[71] => 134900
[72] => 129900
[73] => 127500
[74] => 129900
[75] => 135000
[76] => 138000
[77] => 135000
[78] => 134900
[79] => 134500
[80] => 129900
[81] => 129900
[82] => 129900
[83] => 129900
[84] => 125000
[85] => 127000
[86] => 136950
[87] => 149000
[88] => 154950
[89] => 154500
[90] => 154950
[91] => 153500
[92] => 154950
[93] => 149900
[94] => 149900
[95] => 149900
[96] => 149000
[97] => 154950
[98] => 148500
[99] => 149900
[100] => 155500
[101] => 162500
[102] => 159900
[103] => 159000
[104] => 159900
[105] => 159900
[106] => 159900
[107] => 159950
[108] => 164000
[109] => 158750
[110] => 159900
[111] => 164900
[112] => 164900
[113] => 165900
[114] => 168250
[115] => 167500
[116] => 164950
[117] => 161000
[118] => 159900
[119] => 155000
)
)
Array
(
[county_name] => Otsego
[state] => Michigan
[state_fips] => 26
[county_fips] => 26137
[dma] => 540
[metro_name] =>
[cbsa_name] =>
[county_region_id_zillow] => 1297
[metro_region_id_zillow] =>
[fips] => 26137
[cbsa_code] =>
[population_prior] => 24569
[population] => 24665
[rank] => 57
[difference] => 0.390736294
[region_id] => 1297
[sale_counts] => "46,47,43,39,33,34,34,34,34,33,39,39,46,42,40,40,37,40,36,35,33,30,31,44,51,49,37,33,27,25,25,28,36,35,47,42,45,35,35,34,31,34,35,40,41,40,49,55,58,52,47,43,39,36,38,42,42,41,47,58,60,57,50,52,52,50,51,49,56,54,55,55,57,50,51,48,55,53,55,54,39,23,7,7,21,38,58,63,61,60,61,61,54,53,60,66,67,59,58,60,63,66,60,54,53,56,65,65,67,62,58,57,56,58,58,61,60,60,62,65,67,57,57,55,63,67,70,73,69,63,61,60,61,53,54,55,58,53,55,55,64,66"
[county] => Otsego
[flips] => 32
[purchase_price] => 106000
[resale_price] => 142500
[gross_margin] => 36500
[flipcount_rank] => 31
[flipmargin_rank] => 37
[sale_counts_exploded] => Array
(
[0] => 46
[1] => 47
[2] => 43
[3] => 39
[4] => 33
[5] => 34
[6] => 34
[7] => 34
[8] => 34
[9] => 33
[10] => 39
[11] => 39
[12] => 46
[13] => 42
[14] => 40
[15] => 40
[16] => 37
[17] => 40
[18] => 36
[19] => 35
[20] => 33
[21] => 30
[22] => 31
[23] => 44
[24] => 51
[25] => 49
[26] => 37
[27] => 33
[28] => 27
[29] => 25
[30] => 25
[31] => 28
[32] => 36
[33] => 35
[34] => 47
[35] => 42
[36] => 45
[37] => 35
[38] => 35
[39] => 34
[40] => 31
[41] => 34
[42] => 35
[43] => 40
[44] => 41
[45] => 40
[46] => 49
[47] => 55
[48] => 58
[49] => 52
[50] => 47
[51] => 43
[52] => 39
[53] => 36
[54] => 38
[55] => 42
[56] => 42
[57] => 41
[58] => 47
[59] => 58
[60] => 60
[61] => 57
[62] => 50
[63] => 52
[64] => 52
[65] => 50
[66] => 51
[67] => 49
[68] => 56
[69] => 54
[70] => 55
[71] => 55
[72] => 57
[73] => 50
[74] => 51
[75] => 48
[76] => 55
[77] => 53
[78] => 55
[79] => 54
[80] => 39
[81] => 23
[82] => 7
[83] => 7
[84] => 21
[85] => 38
[86] => 58
[87] => 63
[88] => 61
[89] => 60
[90] => 61
[91] => 61
[92] => 54
[93] => 53
[94] => 60
[95] => 66
[96] => 67
[97] => 59
[98] => 58
[99] => 60
[100] => 63
[101] => 66
[102] => 60
[103] => 54
[104] => 53
[105] => 56
[106] => 65
[107] => 65
[108] => 67
[109] => 62
[110] => 58
[111] => 57
[112] => 56
[113] => 58
[114] => 58
[115] => 61
[116] => 60
[117] => 60
[118] => 62
[119] => 65
[120] => 67
[121] => 57
[122] => 57
[123] => 55
[124] => 63
[125] => 67
[126] => 70
[127] => 73
[128] => 69
[129] => 63
[130] => 61
[131] => 60
[132] => 61
[133] => 53
[134] => 54
[135] => 55
[136] => 58
[137] => 53
[138] => 55
[139] => 55
[140] => 64
[141] => 66
)
)