Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 46923 · Delphi, IN

3 completed flips in the last 12 months, $135K median gross margin, 118-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
3
Median Gross Margin
$135K
Median Hold
118 days
Median Home Value
$235K

Market snapshot

Population
7,846
Median Household Income
$55,385
Median Home Value
$235,372
Median Rent
$1,388

This report covers ZIP 46923, Delphi, IN. 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 46923

In the last 12 months, 3 properties in ZIP 46923 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 $135K in gross margin before rehab, carrying, and closing costs, with a median hold time of 118 days.

Top flippers in the zip

RankFlipper / LLCFlips
1LANE REALTY LLC1
2TRUEVISION RENOVATIONS LLC1
3DTK PROPERTY SOLUTIONS LLC1

Recent example

416 N INDIANA ST, DELPHI, IN, 46923 · LANE REALTY LLC
Bought $150,642, sold $319,200 (+$169K), held 233 days.

Recent investor purchases in ZIP 46923

5 investor purchases in ZIP 46923 in the last 6 months, at a median price of $200K. 20% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 5, 2026118 W MONROE STLAFAYETTE HISTORIC INVESTMENTS LLC$313KFinanced
Aug 31, 2026201 E FRANKLIN STHISTORIC LANDMARKS FOUNDATION OF INDIANA INC$200KCash
Jul 10, 20267172 W CRESTWOOD DRLANE REALTY LLC$252KFinanced
Jul 8, 2026422 N INDIANA STGMR REALTY LLC$168KFinanced
Jun 5, 20267172 W CRESTWOOD DRTRUEVISION RENOVATIONS LLC$182KFinanced

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Nearby markets in IN

Same-state markets near ZIP 46923. 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.