Market snapshot
This report covers ZIP 38134, 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 38134
In the last 12 months, 39 properties in ZIP 38134 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 $97K in gross margin before rehab, carrying, and closing costs, with a median hold time of 184 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | REI NATION LLC | 12 |
| 2 | ESSENTIAL PROPERTIES LLC | 4 |
| 3 | SUNDIAL INVESTMENT COMPANY LLC | 2 |
| 4 | MEMPHIS INVESTMENT HOUSES LLC | 2 |
| 5 | SHADE TREE DRIVE LLC | 1 |
Recent example
5334 ROCK RIDGE RD S, MEMPHIS, TN, 38134 · ESSENTIAL PROPERTIES LLC
Bought $135,000, sold $245,000 (+$110K), held 53 days.
Recent investor purchases in ZIP 38134
61 investor purchases in ZIP 38134 in the last 6 months, at a median price of $175K. 38% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 27, 2026 | 6202 SUMMER HILLS CIR | SUMMER HILLS CONDOMINIUM INC | $39K | Cash |
| Oct 14, 2026 | 5344 VIRGIL RD | VOLUNTEER HOMES LLC | $156K | Financed |
| Oct 9, 2026 | 5611 AUTUMN GLEN DR | 5611 AUTUMN GLEN LLC | $264K | Financed |
| Oct 9, 2026 | 2396 GARDENBROOK DR | WHITE ROSE PROPERTIES LLC | $161K | Cash |
| Oct 7, 2026 | 3054 LEERIDGE DR | UNITED ROYAL PROPERTIES LLC | $186K | Financed |
| Oct 5, 2026 | 1978 ADNEY GAP DR | CCRB T1 LLC | $210K | Cash |
| Oct 1, 2026 | 5879 STAGE RD | AYYASH LLC | $1.4M | Cash |
| Sep 25, 2026 | 5136 WOOD THRUSH CV | MASTR ASSET-BACKED SECURITIES TRUST | $161K | Cash |
| Sep 24, 2026 | 5175 ROLLING FIELDS DR | VOLUNTEER HOMES LLC | $115K | Financed |
| Sep 23, 2026 | 1728 FOX HUNT LN | 2166 CORNING LLC | $55K | 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 38134, 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.