Tennessee's home flipping market is thriving, driven by high demand from first-time buyers and out-of-state investors seeking opportunities in urban areas, particularly Nashville and Memphis. With an average gross profit of $95,000 per home flip and a 3% ROI in 2024, it presents a lucrative option for investors. The state's affordable properties combined with a young, growing population drive up demand for move-in-ready homes, particularly in neighborhoods with older residences needing renovation, making this an ideal location for house flipping.
In 2024, Tennessee delivered an average gross profit of $95,000 per home flip and a 3% return on investment according to ATTOM research.
Flipping activity is concentrated around urban centers, where older housing stock and increasing buyer expectations create opportunities.
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