Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98042 · Kent, WA

13 completed flips in the last 12 months, $225K median gross margin, 138-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
13
Median Gross Margin
$225K
Median Hold
138 days
Median Home Value
$687K

Market snapshot

Population
49,338
Median Household Income
$122,709
Median Home Value
$687,273
Median Rent
$3,085

This report covers ZIP 98042, Kent, WA. 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 98042

In the last 12 months, 13 properties in ZIP 98042 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 $225K in gross margin before rehab, carrying, and closing costs, with a median hold time of 138 days.

Top flippers in the zip

RankFlipper / LLCFlips
1MAKAAN HOMES LLC1
2HEART AND SOUL PROPERTY SOLUTIONS LLC1
3GRAND RESIDENCE LLC1
4HALL JEFFREY L1
5DUBRUL THOMAS1

Recent example

26408 134TH PL SE, KENT, WA, 98042 · MAKAAN HOMES LLC
Bought $650,000, sold $825,000 (+$175K), held 37 days.

Recent investor purchases in ZIP 98042

14 investor purchases in ZIP 98042 in the last 6 months, at a median price of $650K. 36% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 9, 202613708 SE 268TH STUN PROPERTIES LLC$440KFinanced
Sep 30, 202616959 SE 255TH PLWORTON ENTERPRISES LLC$350KFinanced
Sep 22, 202615620 SE 296TH STYASHCHUK PETER$280KCash
Sep 16, 202619216 SE 278TH STTULE RIVER HOMEBUYER EARNED EQUITY AGENCY$750KFinanced
Sep 11, 202624047 192ND PL SEBONNEY AVE LLC$1.1MCash
Sep 4, 202626126 147TH PL SETJREINVESTMENTS LLC$427KFinanced
Sep 4, 202626631 204TH AVE SECURTIS LANG HOMES INC$950KFinanced
Aug 27, 202617523 SE 238TH STRUSSELL PROOF LLC$450KFinanced
Aug 27, 202614424 SE 278TH PLWASHINGTON FIRST HOMES LLC$730KCash
Aug 25, 202616202 SE 260TH STKADHIM ALI$677KFinanced

See all 14 investor purchases in 98042

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More of Kent

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

See every flip in 98042, 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 WA

Same-state markets near ZIP 98042. 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.