Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98528 · Belfair, WA

2 completed flips in the last 12 months, $188K median gross margin, 225-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
2
Median Gross Margin
$188K
Median Hold
225 days
Median Home Value
$472K

Market snapshot

Population
12,393
Median Household Income
$80,747
Median Home Value
$471,610
Median Rent
$2,000

This report covers ZIP 98528, Belfair, 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 98528

In the last 12 months, 2 properties in ZIP 98528 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 $188K in gross margin before rehab, carrying, and closing costs, with a median hold time of 225 days.

Top flippers in the zip

RankFlipper / LLCFlips
1K777K LLC2

Recent example

1180 E TRAILS END DR, BELFAIR, WA, 98528 · K777K LLC
Bought $240,000, sold $440,000 (+$200K), held 183 days.

Recent investor purchases in ZIP 98528

17 investor purchases in ZIP 98528 in the last 6 months, at a median price of $185K. 59% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 15, 2026330 E TEPEE LNNORTHPEAK EQUITY HOLDINGS LLC$185KCash
Oct 1, 20261104 E ALDERWOOD RDIDAHO HOUSING AND FINANCE ASSOCIATION$244KCash
Oct 1, 2026250 NE JOLLY ROGER LNHOLD EVERYTHING LLC$200KCash
Sep 30, 202611 NE ANCHOR DRAPPLESEED HOLDINGS LLC$226KFinanced
Sep 4, 2026397 NE LARSON LAKE RDHOMES AND DEVELOPMENT NORTHWEST INC$66KCash
Sep 1, 2026200 NE SANTA MARIA LN123 HOMES LLC$130KFinanced
Aug 21, 2026101 E OLYMPIC VIEW STTIM TREND RESTORATION GROUP LLC$115KFinanced
Jul 24, 202660 E JUDY LNGREENSTONE INVESTMENTS LLC$190KFinanced
Jul 17, 2026121 NE GALLEY WAYATARA LLC$192KCash
Jul 15, 20266803 NE NORTH SHORE RD56222 TRAILMERE LLC$1.4MCash

See all 17 investor purchases in 98528

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See every flip in 98528, 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 98528. 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.