Market snapshot
This report covers ZIP 28138, Rockwell, NC. 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 28138
In the last 12 months, 1 properties in ZIP 28138 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 $-85000 in gross margin before rehab, carrying, and closing costs, with a median hold time of 385 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | MORGAN LAND DEVELOPMENT LLC | 1 |
Recent example
5604 E NC 152 HWY, ROCKWELL, NC, 28138 · MORGAN LAND DEVELOPMENT LLC
Bought $205,000, sold $120,000 ($-85000), held 385 days.
Recent investor purchases in ZIP 28138
9 investor purchases in ZIP 28138 in the last 6 months, at a median price of $174K. 78% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 29, 2026 | 1175 HUCKLEBERRY LN | OZ REALTY LLC | $293K | Financed |
| Oct 21, 2026 | 165 PEGGYS LN | JASO CONCRETE SERVICES LLC | $80K | Cash |
| Oct 8, 2026 | 325 W MAIN ST | STRAIGHT PATH REAL ESTATE SOLUTIONS LLC | $174K | Financed |
| Oct 6, 2026 | 240 COUNTRY RIDGE RD | HOLT DAVID DUANE | $200K | Cash |
| Oct 2, 2026 | 109 SALISBURY ST | HATTAWAY INVESTMENT PROPERTIES LLC | $100K | Cash |
| Sep 22, 2026 | 1115 DOUBLE IMPACT DR | OPTIMISTIC VENTURE GROUP LLC | $83K | Cash |
| Aug 28, 2026 | VINEYARD RD | SEAGRAVES TIMOTHY | $675K | Cash |
| Jun 5, 2026 | 504 CEDAR CIR | TODD THOMAS GENERAL CONTRACTOR LLC | $100K | Cash |
| Jun 2, 2026 | 2291 EMANUEL CHURCH RD | WALTERS JAMIE | $528K | Cash |
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See every flip in 28138, 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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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.