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 Kamay, TX. If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Wichita County, we've been able to rank it against its peer counties within Texas. To provide an even fuller picture, we also ranked Texas against all other US states.
Region | Rank in # of Flips | Rank in Flip Profit |
---|---|---|
Texas | #3rd in US | #49th in US |
Wichita County | #8th in TX | #5th in TX |
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 Wichita County. This is a good sign that flipping a house here will be successful.
Region | Population | Change YoY | Rank |
---|---|---|---|
Texas | 28,701,845 | 1.34% | #2nd in US |
Wichita County | 132,064 | 0.13% | #35th in TX |
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.