Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 48238 · Detroit, MI

13 completed flips in the last 12 months, $30K median gross margin, 351-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
13
Median Gross Margin
$30K
Median Hold
351 days
Median Home Value
$72K

Market snapshot

Population
24,565
Median Household Income
$29,692
Median Home Value
$72,119
Median Rent
$1,200

This report covers ZIP 48238, 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 48238

In the last 12 months, 13 properties in ZIP 48238 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 $30K in gross margin before rehab, carrying, and closing costs, with a median hold time of 351 days.

Top flippers in the zip

RankFlipper / LLCFlips
1FOUR OF A KIND LLC1
2LADP IMAGE CONCEPTS LLC1
3M GROUP 1 LLC1
4UPRIVER CAPITAL LLC1
5LAKEVIEW LOAN SERVICING LLC1

Recent example

2505 LA BELLE ST, DETROIT, MI, 48238 · FOUR OF A KIND LLC
Bought $25,000, sold $55,000 (+$30K), held 41 days.

Recent investor purchases in ZIP 48238

63 investor purchases in ZIP 48238 in the last 6 months, at a median price of $51K. 79% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Aug 19, 202615369 BIRWOOD STJGD INVESTMENTS LLC$82KCash
Aug 17, 202612609 SANTA ROSA DR215 TOLLGATE REALTY LLC$89KCash
Aug 13, 20262463 FORD STP A I L SERVICES INC$160KFinanced
Aug 13, 202615725 CHERRYLAWN STGROVE OWNER I LLC$40KCash
Aug 13, 202614810 GRIGGS STHAI PERVEZ$50KCash
Aug 12, 202614831 OHIO ST14831 OHIO LLC$25KCash
Aug 11, 202612749 KENTUCKY STHOSSAIN ANWAR$50KCash
Aug 10, 202615769 TURNER STELLINGTON EMPIRE FUND LLC$65KCash
Aug 10, 202614838 CHERRYLAWN STF STREET INVESTMENTS LLC$30KCash
Aug 5, 202615928 NORMANDY STREMO-INCS ENTERPRISE LLC$106KCash

See all 63 investor purchases in 48238

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More of Detroit

See every zip, the latest investor purchases and flips across the city on the Detroit, MI fix-and-flip market report.

See every flip in 48238, 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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Nearby markets in MI

Same-state markets near ZIP 48238. 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.