Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 48328 · Waterford, MI

17 completed flips in the last 12 months, $96K median gross margin, 194-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
17
Median Gross Margin
$96K
Median Hold
194 days
Median Home Value
$264K

Market snapshot

Population
25,717
Median Household Income
$65,687
Median Home Value
$264,189
Median Rent
$1,650

This report covers ZIP 48328, Waterford, 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 48328

In the last 12 months, 17 properties in ZIP 48328 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 $96K in gross margin before rehab, carrying, and closing costs, with a median hold time of 194 days.

Top flippers in the zip

RankFlipper / LLCFlips
1LABRIE HOLDINGS LLC3
2SUPERDISC HOMES LLC1
3GREAT LAKES HOME INVESTMENT LLC1
4J CESSNA INVESTMENTS INC1
5MM1 PARTNERS LLC1

Recent example

1226 ALHI ST, WATERFORD, MI, 48328 · SUPERDISC HOMES LLC
Bought $114,561, sold $135,000 (+$20K), held 134 days.

Recent investor purchases in ZIP 48328

21 investor purchases in ZIP 48328 in the last 6 months, at a median price of $135K. 95% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Nov 2, 20261041 HENDRICKS WAYT4 PROPERTIES LLC$120KCash
Oct 13, 20263852 OAK KNOLL RDRUSSELL AND JANE II LLC$135KFinanced
Oct 6, 20263143 HARBOR CTPEACE & MERCY LLC$169KCash
Oct 1, 20262545 PREMONT AVESHLLAKU TONIN$22KCash
Sep 30, 202659 MARION AVEJJJ GROUP LLC$80KCash
Sep 30, 202661 S WINDING DRGILAJ ALBERT$22KCash
Sep 23, 2026571 CRISTY AVEWILD HORSE REDESIGN LLC$195KCash
Sep 22, 20261047 MYRTLE AVE1047 MYRTLE INC$157KCash
Sep 16, 202659 CARPENTER CTHS INVESTMENT GROUP LLC$47KCash
Sep 15, 20264417 ISLAND VIEW DRKEITH A DABBS TRUST$700KCash

See all 21 investor purchases in 48328

Watch 48328 every week

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More of Waterford

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

See every flip in 48328, 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 48328. 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.