Market snapshot
This report covers ZIP 28401, Wilmington, 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 28401
In the last 12 months, 23 properties in ZIP 28401 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 $45K in gross margin before rehab, carrying, and closing costs, with a median hold time of 337 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | LION INVESTMENT GROUP LLC | 6 |
| 2 | CAPE FEAR CASH OFFER LLC | 1 |
| 3 | STEWARDSON ROBERT A | 1 |
| 4 | OBB LLC | 1 |
| 5 | FRMK HOLDINGS LLC | 1 |
Recent example
2325 JEFFERSON ST, WILMINGTON, NC, 28401 · CAPE FEAR CASH OFFER LLC
Bought $230,000, sold $369,500 (+$140K), held 160 days.
Recent investor purchases in ZIP 28401
60 investor purchases in ZIP 28401 in the last 6 months, at a median price of $210K. 62% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 16, 2026 | 724 S 9TH ST | CAPE FEAR HABITAT FOR HUMANITY INC | $55K | Cash |
| Oct 15, 2026 | 229 S FRONT ST | K & M COASTAL PROPERTIES LLC | $160K | Cash |
| Oct 14, 2026 | 316 N 15TH ST | KING JUNE E | $525K | Cash |
| Oct 9, 2026 | 611 S 8TH ST | GMUNNY INVESTMENTS LLC | $100K | Cash |
| Oct 9, 2026 | 19 S 11TH ST | DOCK STREET INVESTMENTS LLC | $72K | Cash |
| Oct 8, 2026 | 1318 MARTIN ST | SELA PROPERTIES LLC | $1.0M | Financed |
| Oct 1, 2026 | 124 WALNUT ST APT 607 | WOODS TRAVIS | $975K | Cash |
| Oct 1, 2026 | 1608 HERONS VIEW DR | MICHAEL CHRISTIAN HOMES LLC | $230K | Cash |
| Sep 25, 2026 | 1536 RIVERVIEW TER | GL SUTPHIN PROPERTIES LLC | $205K | Financed |
| Sep 23, 2026 | 917 DOCK ST | DOCK 917 LLC | $186K | Financed |
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More of Wilmington
See every zip, the latest investor purchases and flips across the city on the Wilmington, NC fix-and-flip market report.
See every flip in 28401, 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.