Market snapshot
This report covers ZIP 48204, Detroit, MI. 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 48204
In the last 12 months, 8 properties in ZIP 48204 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 $42K in gross margin before rehab, carrying, and closing costs, with a median hold time of 266 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | VARIETY INVESTMENTS LLC | 1 |
| 2 | BANK OF NEW YORK MELLON | 1 |
| 3 | RIVER SHORE REALTY LLC | 1 |
| 4 | FIFTH THIRD BANK NATIONAL ASSOCIATION | 1 |
| 5 | EMPIRE PROPERTY MAINTENANCE LLC | 1 |
Recent example
9304 OTSEGO ST, DETROIT, MI, 48204 · VARIETY INVESTMENTS LLC
Bought $32,500, sold $71,000 (+$39K), held 133 days.
Recent investor purchases in ZIP 48204
34 investor purchases in ZIP 48204 in the last 6 months, at a median price of $92K. 74% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Sep 1, 2026 | 8888 KIMBERLY CT | HERNANDEZ ZULMA JAEEL SANCHE | $18K | Cash |
| Aug 21, 2026 | 8293 MANOR ST | TTO HOLDINGS LLC | $18K | Cash |
| Aug 21, 2026 | 11953 INDIANA ST | SHEFFIELD HORACE L | $33K | Cash |
| Aug 21, 2026 | 11961 INDIANA ST | SHEFFIELD HORACE L | $33K | Cash |
| Aug 13, 2026 | 9931 CASCADE ST | LISBOA CAPITAL LLC | $35K | Cash |
| Aug 13, 2026 | 9405 WOODSIDE ST | ELIJAH HOMES LLC | $42K | Cash |
| Aug 7, 2026 | 9283 BIRWOOD ST | TAMIR INVESTMENTS LLC | $47K | Cash |
| Aug 5, 2026 | 5510 WHITFIELD ST | HERLU PROPERTIES LLC | $145K | Cash |
| Jul 28, 2026 | 12025 WISCONSIN ST | CROCHAD CC LLC | $82K | Financed |
| Jul 21, 2026 | 4094 W EUCLID ST | HARPER NUEBIA INVESTMENTS LLC | $109K | Cash |
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More of Detroit
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See every flip in 48204, 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.