Market snapshot
This report covers ZIP 38111, 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 38111
In the last 12 months, 35 properties in ZIP 38111 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 $40K in gross margin before rehab, carrying, and closing costs, with a median hold time of 216 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | MID SOUTH HOMEBUYERS LLC | 5 |
| 2 | WD PROPERTIES LLC | 2 |
| 3 | RESPECT BUYERS LLC | 1 |
| 4 | GP BUYERHOUSE | 1 |
| 5 | PINE LAKE HOLDINGS LLC | 1 |
Recent example
3916 RHODES AVE, MEMPHIS, TN, 38111 · RESPECT BUYERS LLC
Bought $67,000, sold $95,000 (+$28K), held 428 days.
Recent investor purchases in ZIP 38111
134 investor purchases in ZIP 38111 in the last 6 months, at a median price of $95K. 56% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 29, 2026 | 597 BUCK ST | CARTER MAX PROPERTIES LLC | $150K | Financed |
| Oct 29, 2026 | 3900 HEALEY RD | VOLUNTEER HOMES LLC | $138K | Financed |
| Oct 28, 2026 | 3916 RHODES AVE | RIVER CITY ZION HOLDINGS LLC | $95K | Financed |
| Oct 27, 2026 | 335 CENTRAL CV | ALCIDES HOME RENTALS LLC | $155K | Cash |
| Oct 26, 2026 | 87 N HIGHLAND ST | ROSE DAVID | $214K | Cash |
| Oct 20, 2026 | 1497 TITUS RD | MID SOUTH INVESTMENT PARTNERS LLC | $50K | Cash |
| Oct 20, 2026 | 3739 SPOTTSWOOD AVE | MCLEAN KENNETH | $164K | Cash |
| Oct 20, 2026 | 1232 BRIARWOOD RD | MARVINS GARDEN LLC | $110K | Cash |
| Oct 14, 2026 | 935 PARKHAVEN LN | MERCY HOMES GROUP LLC | $105K | Financed |
| Oct 13, 2026 | 4232 BOYCE AVE | MELENDEZ SEGUROS MULTI SERVICES LLC | $47K | Financed |
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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 38111, 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.