Market snapshot
This report covers ZIP 28557, Morehead City, 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 28557
In the last 12 months, 6 properties in ZIP 28557 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 $116K in gross margin before rehab, carrying, and closing costs, with a median hold time of 150 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | SHEPARD STREET DEVELOPMENT INC | 1 |
| 2 | CARTERET RESIDENTIAL LLC | 1 |
| 3 | HOOPER REID PROPERTIES LLC | 1 |
| 4 | EAST FRONT STREET LLC | 1 |
| 5 | P1 INVESTMENTS GROUP LLC | 1 |
Recent example
206 S 10TH ST, MOREHEAD CITY, NC, 28557 · SHEPARD STREET DEVELOPMENT INC
Bought $1,300,000, sold $1,300,000 (N/A), held 120 days.
Recent investor purchases in ZIP 28557
34 investor purchases in ZIP 28557 in the last 6 months, at a median price of $325K. 82% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 28, 2026 | 206 S 10TH ST | GCCV LLC | $1.3M | Cash |
| Oct 13, 2026 | 602 FARM CT | R & D COASTAL PROPERTIES LLC | $260K | Cash |
| Oct 6, 2026 | 1407 BAY ST | CARTERET RESIDENTIAL LLC | $190K | Cash |
| Oct 5, 2026 | 600 N 35TH ST | SAND DOLLAR RENTALS LLC | $89K | Cash |
| Oct 2, 2026 | 102 OLEANDER CT | OLEANDER COURT LLC | $363K | Cash |
| Sep 28, 2026 | 506 N 11TH ST | STREAMLINE DEVELOPERS LLC | $393K | Cash |
| Sep 24, 2026 | 806 N GATE RD | HERITAGE INVESTMENTS OF THE COAST LLC | $175K | Financed |
| Sep 22, 2026 | 204 N 14TH ST | CROATAN INVESTMENTS CO LLC | $78K | Cash |
| Sep 15, 2026 | 1404 SHACKLEFORD ST | STREAMLINE DEVELOPERS LLC | $575K | Financed |
| Sep 10, 2026 | 812 SHEPARD ST # 228 | S F BALLOU INC | $307K | Cash |
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See every flip in 28557, 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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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.