Market snapshot
This report covers ZIP 38116, 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 38116
In the last 12 months, 46 properties in ZIP 38116 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 $92K in gross margin before rehab, carrying, and closing costs, with a median hold time of 217 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | REI NATION LLC | 8 |
| 2 | MID SOUTH HOMEBUYERS LLC | 3 |
| 3 | FOREFRONT ONE LLC | 3 |
| 4 | SUNDIAL INVESTMENT COMPANY LLC | 3 |
| 5 | SOUTHEAST INVESTORS LLC | 2 |
Recent example
787 DELLROSE DR, MEMPHIS, TN, 38116 · MAILBOX MONEY INVESTMENTS LLC
Bought $95,000, sold $165,000 (+$70K), held 237 days.
Recent investor purchases in ZIP 38116
81 investor purchases in ZIP 38116 in the last 6 months, at a median price of $117K. 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 | 1311 MARLIN RD | LANGE 2RE LLC | $80K | Financed |
| Oct 27, 2026 | 1823 GROVEHAVEN CIR | MULDROW KIMBER | $80K | Financed |
| Oct 26, 2026 | 4960 LOCH LOMOND RD | SPENCE PROPERTY HOLDINGS LLC | $88K | Cash |
| Oct 20, 2026 | 5004 DEPANNE RD | EUELL JONATHAN | $70K | Financed |
| Oct 20, 2026 | 5025 MILLBRANCH RD | COFFEE PRODUCTIONS & SON LLC | $180K | Financed |
| Oct 19, 2026 | 5246 LOCHINVAR RD | TNS HOLDINGS LLC | $45K | Financed |
| Oct 16, 2026 | 1429 TIMOTHY DR | DLNT PROPERTYS LLC | $235K | Cash |
| Oct 16, 2026 | 3752 MAULDEN DR | MAIN STAY HOMES LLC | $122K | Financed |
| Oct 16, 2026 | 1742 SAN BERNARDO AVE | FAIRMONT ENTERPRISES LLC | $110K | Financed |
| Oct 15, 2026 | 932 CULLENWOOD RD | NATIONAL CHRISTIAN FOUNDATION REAL PROPERTY INC | $135K | Cash |
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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 38116, 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.