Market snapshot
This report covers ZIP 38106, Memphis, TN. 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 38106
In the last 12 months, 32 properties in ZIP 38106 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 $51K in gross margin before rehab, carrying, and closing costs, with a median hold time of 239 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | MID SOUTH HOMEBUYERS LLC | 11 |
| 2 | 901-2 0 LLC | 2 |
| 3 | SUNDIAL INVESTMENT COMPANY LLC | 2 |
| 4 | STAR LEVEL REAL ESTATE LLC | 1 |
| 5 | MARVINS GARDEN LLC | 1 |
Recent example
1461 WILSON ST, MEMPHIS, TN, 38106 · STAR LEVEL REAL ESTATE LLC
Bought $30,000, sold $80,000 (+$50K), held 268 days.
Recent investor purchases in ZIP 38106
108 investor purchases in ZIP 38106 in the last 6 months, at a median price of $55K. 51% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 27, 2026 | 938 E ALCY RD | NEW HORIZON ACQUISITIONS TN LLC | $34K | Cash |
| Oct 23, 2026 | 1374 RAYNER ST | URBAN CITY PROPERTIES LLC | $37K | Financed |
| Oct 20, 2026 | 1234 WILSON ST | AM CAPITAL LLC | $40K | Financed |
| Oct 16, 2026 | 1398 ASTE ST | STEVE-N-SON INVESTEMENTS LLC | $25K | Cash |
| Oct 13, 2026 | 1439 MENAGER RD | HOMESRUS LLC | $20K | Financed |
| Oct 12, 2026 | 830 ALIDA AVE | PATTON WILLIAM | $11K | Cash |
| Oct 12, 2026 | 1345 GOLD AVE | INFLUX CAPITAL GROUP LLC | $500K | Financed |
| Oct 12, 2026 | 1086 E TRIGG AVE | INFLUX CAPITAL GROUP LLC | $500K | Financed |
| Oct 12, 2026 | 1398 LEFLORE PL | INFLUX CAPITAL GROUP LLC | $500K | Financed |
| Oct 12, 2026 | 1239 MARKSMAN ST | INFLUX CAPITAL GROUP LLC | $500K | Financed |
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More of Memphis
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See every flip in 38106, 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.