Market snapshot
This report covers ZIP 48823, East Lansing, 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 48823
In the last 12 months, 9 properties in ZIP 48823 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 $45K in gross margin before rehab, carrying, and closing costs, with a median hold time of 221 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | FREEDOM MORTGAGE CORPORATION | 1 |
| 2 | JOHNSON LARRY | 1 |
| 3 | TRINITY ENTERPRISE LLC | 1 |
| 4 | IMS AT 1257 LLC | 1 |
| 5 | FEDERAL HOME LOAN MORTGAGE CORPORATION | 1 |
Recent example
6031 RUTHERFORD AVE, EAST LANSING, MI, 48823 · FREEDOM MORTGAGE CORPORATION
Bought $172,303, sold $197,000 (+$25K), held 129 days.
Recent investor purchases in ZIP 48823
18 investor purchases in ZIP 48823 in the last 6 months, at a median price of $255K. 78% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 21, 2026 | 666 GUNSON ST | LALA INVESTMENTS LLC | $375K | Cash |
| Oct 9, 2026 | 1208 LILAC AVE | TRIDENT BUILDING GROUP LLC | $86K | Financed |
| Sep 30, 2026 | 502 HILLCREST AVE | STONEWATER CAPITAL GROUP | $255K | Cash |
| Sep 28, 2026 | 421 W LAKE LANSING RD | MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $70K | Cash |
| Sep 21, 2026 | 646 N HAGADORN RD | HARDY HOUSING & ESTATES LLC | $260K | Cash |
| Sep 15, 2026 | 615 NORTHLAWN AVE | CHICAGO BRICKS DEVELOPMENT GROUP LLC | $405K | Financed |
| Sep 8, 2026 | 201 GUNSON ST | GRANT ANTHONY JEROME | $390K | Cash |
| Sep 8, 2026 | 329 KEDZIE ST | GRANT ANTHONY JEROME | $350K | Cash |
| Aug 26, 2026 | 15723 PARK LAKE RD | L-ASSET GROUP A LLC | $42K | Cash |
| Aug 5, 2026 | 502 N HAGADORN RD | 502COJOSO LLC | $290K | Cash |
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See every flip in 48823, 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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We built this tool. We also write the loans on flips just like the ones above.
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.