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 Capitol, MT. If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Carter County, we've been able to rank it against its peer counties within Montana. To provide an even fuller picture, we also ranked Montana against all other US states.
Region | Rank in # of Flips | Rank in Flip Profit |
---|---|---|
Montana | #43rd in US | #48th in US |
Carter County | #16th in MT | #14th in MT |
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 Carter County. This is a good sign that flipping a house here will be successful.
Region | Population | Change YoY | Rank |
---|---|---|---|
Montana | 1,062,305 | 0.88% | #43rd in US |
Carter County | 1,238 | 1.23% | #51st in MT |
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.