Market snapshot
This report covers ZIP 49506, Grand Rapids, 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 49506
In the last 12 months, 20 properties in ZIP 49506 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 $129K in gross margin before rehab, carrying, and closing costs, with a median hold time of 226 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | BEEKE INVESTMENTS LLC | 2 |
| 2 | CREE UNIT PROPERTIES LLC | 2 |
| 3 | JLBL HOLDINGS LLC | 1 |
| 4 | SC HOME 25 LLC | 1 |
| 5 | YEAR ROUND CAPITAL LLC | 1 |
Recent example
928 BAXTER ST SE, GRAND RAPIDS, MI, 49506 · JLBL HOLDINGS LLC
Bought $204,500, sold $230,000 (+$26K), held 469 days.
Recent investor purchases in ZIP 49506
21 investor purchases in ZIP 49506 in the last 6 months, at a median price of $269K. 81% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 23, 2026 | 1008 BAXTER ST SE | WAGON WHEEL FARMS LLC | $240K | Cash |
| Oct 15, 2026 | 1814 WOODLAWN AVE SE | RAPID VELOCITY LLC | $245K | Financed |
| Oct 2, 2026 | 110 FITZHUGH AVE SE # 5 | MARY MILDRED VAN BONN LIVING TRUST | $285K | Cash |
| Oct 2, 2026 | 110 FITZHUGH AVE SE | MARY MILDRED VAN BONN LIVING TRUST | $285K | Cash |
| Oct 1, 2026 | 507 FULLER AVE SE | ARGUIJO ENTERPRISES LLC | $168K | Financed |
| Sep 23, 2026 | 2023 OSCEOLA DR SE | CREE UNIT PROPERTIES LLC | $325K | Cash |
| Sep 22, 2026 | 1141 MCKINLEY CT SE | MCKIN LLC | $50K | Cash |
| Sep 10, 2026 | 2630 ALBERT DR SE | ZRE HOME SOLUTIONS LLC | $156K | Cash |
| Sep 9, 2026 | 18 BENJAMIN AVE SE | KELDERMAN INVESTMENTS LLC | $215K | Tier One Funding |
| Sep 3, 2026 | 1350 GIDDINGS AVE SE | EVERGLADE LLC | $269K | Cash |
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More of Grand Rapids
See every zip, the latest investor purchases and flips across the city on the Grand Rapids, MI fix-and-flip market report.
See every flip in 49506, 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.