"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."
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.
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