Market snapshot
This report covers ZIP 23238, ZIP 23238, VA. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.
Flipper activity in ZIP 23238
In the last 12 months, 6 properties in ZIP 23238 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $139K in gross margin before rehab, carrying, and closing costs, with a median hold time of 203 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | SPRUCE HOMES LLC | 1 |
| 2 | MOTTA HOME RENOVATIONS LLC | 1 |
| 3 | TS REALTY LLC | 1 |
| 4 | LUCYS INVESTMENT LLC | 1 |
| 5 | BLENDON LLC | 1 |
Recent example
9709 CRAGMONT DR, HENRICO, VA, 23238 · SPRUCE HOMES LLC
Bought $1,475,000, sold $3,970,000 (+$2.5M), held 459 days.
See every flip in 23238, with full buyer and deal details
The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.
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Same-state markets near ZIP 23238. Click any to see its fix-and-flip snapshot.
We built this tool. We also write the loans on flips just like the ones above.
About this data
Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.
Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.
Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.
Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.