CalculateRealEstateROI

Flipping · Guide

Selecting Flip Markets

Comp depth, buyer demand, and rehab cost — three filters that screen flip markets.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Key takeaways

  • Comp depth = quick appraisal.
  • Buyer demand = fast sale.
  • Rehab cost = predictable budget.
  • Avoid declining markets.
  • Sweet spot: B+ neighborhoods, median price market.

Core concepts

Comp depth

10+ sales last 90 days within 1 mile.

Demand

DOM < 30 for finished homes.

Rehab cost

Stable labor + materials.

Step-by-step framework

  1. 1Best Appreciation Markets ranking.
  2. 2Cross-check DOM in submarket.
  3. 3Confirm rehab costs.

Common mistakes to avoid

  • Flipping in declining markets.
  • Pricing without comp depth.

Frequently asked questions

Best states?

TX, FL, GA, NC, AZ.

Avoid?

Rural + declining.

Submarket?

B+ middle-class neighborhoods.

DOM target?

< 30 for finished comps.

Action checklist

  • Ranking reviewed.
  • DOM verified.
  • Rehab cost confirmed.
  • Submarket selected.

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