Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 38108 · Memphis, TN

9 completed flips in the last 12 months, $30K median gross margin, 281-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
9
Median Gross Margin
$30K
Median Hold
281 days
Median Home Value
$82K

Market snapshot

Population
17,629
Median Household Income
$29,757
Median Home Value
$81,966
Median Rent
$1,100

This report covers ZIP 38108, 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 38108

In the last 12 months, 9 properties in ZIP 38108 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 $30K in gross margin before rehab, carrying, and closing costs, with a median hold time of 281 days.

Top flippers in the zip

RankFlipper / LLCFlips
1WD PROPERTIES LLC1
2SUNDIAL INVESTMENT COMPANY LLC1
3PLANET HOME LENDING LLC1
4901 CAPITAL I LLC1
5HARALSON PATRICK1

Recent example

2136 HOWELL AVE, MEMPHIS, TN, 38108 · WD PROPERTIES LLC
Bought $70,000, sold $70,000 (N/A), held 70 days.

Recent investor purchases in ZIP 38108

60 investor purchases in ZIP 38108 in the last 6 months, at a median price of $68K. 55% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 27, 20262383 SHASTA AVEHENLEY PROPERTY HOLDINGS INC$14KCash
Oct 27, 20263758 LONGFELLOW RDSTIGERTEN LLC$165KFinanced
Oct 27, 20261310 BRYAN STHAMS BUY MEMPHIS LLC$43KCash
Oct 7, 2026907 MEAGHER STSTORMCROW PROPERTIES LLC$103KFinanced
Oct 2, 20262272 MARBLE AVEASSEMBLY HOLDINGS GROUP LLC$125KFinanced
Sep 25, 20261441 WEYMOUTH STJC RESTORATION CO LLC$55KFinanced
Sep 24, 20261673 SAILORS STVinebrook$85KCash
Sep 23, 20261701 HARTLAND STGRODT LLC$67KFinanced
Sep 22, 20261386 LAMBERT STPERKINS MICHAEL M$25KCash
Sep 21, 20264115 BAYLISS AVEJC RESTORATION CO LLC$55KFinanced

See all 60 investor purchases in 38108

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More of Memphis

See every zip, the latest investor purchases and flips across the city on the Memphis, TN fix-and-flip market report.

See every flip in 38108, 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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Nearby markets in TN

Same-state markets near ZIP 38108. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
3 days
Typical close
No
Interior appraisal or inspection
17
States

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.