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 Honey Creek, IA. If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Pottawattamie County, we've been able to rank it against its peer counties within Iowa. To provide an even fuller picture, we also ranked Iowa against all other US states.
| Region | Rank in # of Flips | Rank in Flip Profit |
|---|---|---|
| Iowa | #32nd in US | #35th in US |
| Pottawattamie County | #4th in IA | #17th in IA |
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.
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In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Pottawattamie County. This is a good sign that flipping a house here will be successful.
| Region | Population | Change YoY | Rank |
|---|---|---|---|
| Iowa | 3,156,145 | 0.4% | #31st in US |
| Pottawattamie County | 93,533 | 0.02% | #9th in IA |
| 51542 | 1,011 | #70th in IA |
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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