Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98406 · WA

57 completed flips in the last 12 months, $223K median gross margin, 165-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
57
Median Gross Margin
$223K
Median Hold
165 days
Median Home Value
$628K

Market snapshot

Population
22,994
Median Household Income
$96,755
Median Home Value
$627,959
Median Rent
$2,600

This report covers ZIP 98406, ZIP 98406, 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 98406

In the last 12 months, 57 properties in ZIP 98406 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 $223K in gross margin before rehab, carrying, and closing costs, with a median hold time of 165 days.

Top flippers in the zip

RankFlipper / LLCFlips
1GQ HOMES LLC2
2FATHOM PROPERTIES NW LLC1
3HAPPY NEIGHBORS 86 LLC1
4HAPPY NEIGHBORS 47 LLC1
5JD HOLDINGS GROUP LLC1

Recent example

3009 N 22ND ST, TACOMA, WA, 98406 · GQ HOMES LLC
Bought $627,500, sold $875,000 (+$248K), held 204 days.

See every flip in 98406, 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 98406 report Free. Email only. No credit card.

Nearby markets in WA

Same-state markets near ZIP 98406. 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.