Market snapshot
This report covers ZIP 28405, 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 28405
In the last 12 months, 21 properties in ZIP 28405 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 $105K in gross margin before rehab, carrying, and closing costs, with a median hold time of 243 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | CAPE FEAR CASH OFFER LLC | 2 |
| 2 | CRANE BUILDING LLC | 1 |
| 3 | WALLACE CHARLES M | 1 |
| 4 | THOSE FLIPPING WOODARDS LLC | 1 |
| 5 | SCARAFONI ASSOCIATES SC LLC | 1 |
Recent example
813 GULL POINT RD, WILMINGTON, NC, 28405 · CRANE BUILDING LLC
Bought $850,000, sold $1,015,000 (+$165K), held 404 days.
Recent investor purchases in ZIP 28405
45 investor purchases in ZIP 28405 in the last 6 months, at a median price of $300K. 56% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 30, 2026 | 407 MAIDES AVE | BD CAPITAL SE LLC | $2.2M | Cash |
| Oct 20, 2026 | 2903 COOPER CT | MLH NC LLC | $135K | Cash |
| Oct 20, 2026 | 2404 PRINCESS PLACE DR | R & R ENTERPRISES INCORPORATED | $200K | Financed |
| Oct 14, 2026 | 75 CAVALIER DR | WILMINGTON SL PROPERTY OWNER LP | $140.9M | Financed |
| Oct 2, 2026 | 302 SILKWEED CT | BACKYARD PROPERTIES LLC | $240K | Financed |
| Sep 30, 2026 | 813 GULL POINT RD | HAGOOD HOMES INC | $1.0M | Cash |
| Sep 30, 2026 | 713 INDICA CT APT 301 | EXACT ESTIMATE LLC | $220K | Cash |
| Sep 25, 2026 | 719 MELBA CT APT C | JERUSALEM OF WILMINGTON LLC | $175K | Cash |
| Sep 23, 2026 | 6323 STRAWFIELD DR | MCCORMICK VENTURES LLC | $325K | Cash |
| Sep 21, 2026 | 1220 GREAT OAKS DR | HAGOOD HOMES INC | $950K | 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 28405, 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.