Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98541 · Elma, WA

1 completed flips in the last 12 months, $155K median gross margin, 371-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
1
Median Gross Margin
$155K
Median Hold
371 days
Median Home Value
$365K

Market snapshot

Population
10,004
Median Household Income
$64,271
Median Home Value
$364,727
Median Rent
$1,798

This report covers ZIP 98541, Elma, 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 98541

In the last 12 months, 1 properties in ZIP 98541 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 $155K in gross margin before rehab, carrying, and closing costs, with a median hold time of 371 days.

Top flippers in the zip

RankFlipper / LLCFlips
1RAGER LORI1

Recent example

1509 W WALDRIP ST, ELMA, WA, 98541 · RAGER LORI
Bought $185,000, sold $340,000 (+$155K), held 371 days.

Recent investor purchases in ZIP 98541

10 investor purchases in ZIP 98541 in the last 6 months, at a median price of $121K. 50% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 1, 2026150 W FOREST GREEN LNIDAHO HOUSING AND FINANCE ASSOCIATION$246KCash
Sep 24, 2026610 N 11TH STJC NW PROPERTIES LLC$70KFinanced
Sep 18, 202641 HICKLIN RDRIDGELINE INVESTMENTS LLC$115KCash
Jul 28, 202662 MAIN STOSELIA LLC$750KFinanced
Jul 15, 20264712 US HIGHWAY 12ANIRAM PROPERTIES LLC$360KCash
Jun 30, 20263 MALONE HILL RDAUNO LLC$121KFinanced
Jun 30, 20265377 US HIGHWAY 12AUNO LLC$121KFinanced
Jun 5, 2026120 W SATSOP DRHENSLER HANNAH$16KCash
Jun 5, 2026130 W SATSOP DRHENSLER HANNAH$16KCash
May 27, 2026125 HILLCREST DRRL CONSTRUCTION AND RENOVATION LLC$285KFinanced

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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 98541. 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.