Market snapshot
This report covers ZIP 38122, 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 38122
In the last 12 months, 20 properties in ZIP 38122 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 $36K in gross margin before rehab, carrying, and closing costs, with a median hold time of 172 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | JC RESTORATION CO LLC | 2 |
| 2 | MEMPHIS PASSIVE 26 LLC | 1 |
| 3 | MID SOUTH HOMEBUYERS LLC | 1 |
| 4 | USA HOMEBUYER LLC | 1 |
| 5 | METRO 901 PROPERTY SOLUTIONS LLC | 1 |
Recent example
4949 OWEN AVE, MEMPHIS, TN, 38122 · JC RESTORATION CO LLC
Bought $83,850, sold $230,000 (+$146K), held 226 days.
Recent investor purchases in ZIP 38122
79 investor purchases in ZIP 38122 in the last 6 months, at a median price of $91K. 62% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Nov 2, 2026 | 599 ISABELLE ST | BEDROCK RENTALS LLC | $200K | Financed |
| Nov 2, 2026 | 3562 VERNON AVE | BERCLAIR HOLDINGS LLC | $60K | Cash |
| Oct 28, 2026 | 807 MARGO LN | LOBO RENTAL PROPERTIES LLC | $110K | Cash |
| Oct 28, 2026 | 4243 ZAIO AVE | GRODT LLC | $68K | Financed |
| Oct 26, 2026 | 1100 WINGFIELD RD | VOLUNTEER HOMES LLC | $65K | Financed |
| Oct 20, 2026 | 3604 POWELL AVE | BROTHERHOOD PROPERTIES LLC | $90K | Financed |
| Oct 16, 2026 | 1275 QUEENSBURY CIR | CARRILLO MANUEL | $90K | Cash |
| Oct 16, 2026 | 606 ISABELLE ST | CBMD PROPERTIES LLC | $133K | Financed |
| Oct 13, 2026 | 574 WARING RD | NUTH RADY | $130K | Cash |
| Oct 13, 2026 | 949 SUMTER ST | CLUTCH INVESTMENTS LLC | $65K | Cash |
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More of Memphis
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See every flip in 38122, 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.