Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98112 · WA

17 completed flips in the last 12 months, $400K median gross margin, 244-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
17
Median Gross Margin
$400K
Median Hold
244 days
Median Home Value
$1.5M

Market snapshot

Population
23,456
Median Household Income
$153,204
Median Home Value
$1,456,862
Median Rent
$3,500

This report covers ZIP 98112, ZIP 98112, 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 98112

In the last 12 months, 17 properties in ZIP 98112 were purchased and resold at a profit, matching a real-flip profile (minimum 28-day hold, positive gross margin, non-new-construction). The typical flip cleared $400K in gross margin before rehab, carrying, and closing costs, with a median hold time of 244 days.

Top flippers in the zip

RankFlipper / LLCFlips
1SEA21G LLC2
2ASHTON INVESTMENTS LLC2
32204 N 38TH ST LP1
4RED BARON 610 LLC1
5WYMAN EVAN1

Recent example

603 24TH AVE E, SEATTLE, WA, 98112 · 2204 N 38TH ST LP
Bought $850,000, sold $1,590,000 (+$740K), held 200 days.

See every flip in 98112, 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.

Unlock the full 98112 report Free. Email only. No credit card.

Nearby markets in WA

Same-state markets near ZIP 98112. 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
4 days
Typical close
No
Interior appraisal or inspection
15
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to properties bought and resold within 12 months at a positive gross margin, with a minimum 28-day hold time to exclude wholesale and assignment deals. New construction and family transfers are excluded.

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.