Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 23947 · VA

4 completed flips in the last 12 months, $71K median gross margin, 264-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
4
Median Gross Margin
$71K
Median Hold
264 days
Median Home Value
$191K

Market snapshot

Population
3,391
Median Household Income
$60,946
Median Home Value
$191,328
Median Rent
$1,000

This report covers ZIP 23947, ZIP 23947, 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 23947

In the last 12 months, 4 properties in ZIP 23947 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 $71K in gross margin before rehab, carrying, and closing costs, with a median hold time of 264 days.

Top flippers in the zip

RankFlipper / LLCFlips
1CPG INVESTMENTS LLC1
2FEDERAL NATIONAL MORTGAGE ASSOCIATION1
3BNF PROPERTIES LLC1
4GITSIT REAL PROPERTY BBPLC1 LLC1

Recent example

237 SHADOW LN, KEYSVILLE, VA, 23947 · FEDERAL NATIONAL MORTGAGE ASSOCIATION
Bought $120,000, sold $80,000 ($-40000), held 262 days.

See every flip in 23947, 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.

Unlock the full 23947 report Free. Email only. No credit card.

Nearby markets in VA

Same-state markets near ZIP 23947. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
4 days
Typical close
No
Interior appraisal or inspection
15
States

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.