The Top Zip Codes for Investment Properties in Your Area [2021 2nd Quarter]
We’re happy to report that our members made a significant number of deals during the second quarter of 2021! This report provides data about which market areas and deal types are available for profitable investing.
Similarly to this year’s first quarter report, a new investment property deal type called motivated MLS has been included on MyHouseDeals. Motivated MLS deals are houses for sale on the multiple listing service (MLS) that are best suited for real estate investors. These houses are handpicked for MyHouseDeals due to their profit and negotiation potential.
Below we break out the four different deal types on our website: wholesale deals, investor-ready foreclosures, motivated seller deals, and motivated MLS deals. You’ll see graphs showing the percentage of each deal type along with which states and cities contain the most investment properties.
Then, we list the cities and zip codes with the greatest number of deals, followed by the average after-repair value (ARV) for each state. Check out the maps to see which areas are hot right now for bargain properties. To view the summarized report containing the top five zip codes for each market area, go here.
Target properties in these zip codes since they are more likely to have motivated sellers and/or properties needing repair. Both of these conditions can lead to greater discounts and profits for investors like you.
Keep reading for these breakdowns of hot investment areas so you can see how the rest of 2021 might pan out!
The Big Picture:
There are too many markets to list, so here is a breakdown of where these deals can be found by state.
Here is a percentage breakdown of the types of properties added to the site during the second quarter of 2021.
With foreclosure moratoriums continuing in response to the COVID-19 pandemic, wholesale deals continue to make up most of the deals made on MyHouseDeals, a trend we saw in 2021’s first quarter.
If you want to view a specific type of property deal, select only the property types you want to see in your search parameters.
The top 5 market areas for investment property deals include:
- Dallas/Fort Worth
- Houston
- Atlanta
- Washington D.C.
- Miami/Fort Lauderdale
Deal Activity per Market Area:
These maps are a little more interesting! You can see the hot areas (and the not so hot areas) for investment properties in each city. These are our top 20 markets (in order from the greatest amount of deals to least)!
Looking for a specific market? Click on the links below to jump directly to your area.
-Melbourne
San Antonio
Raleigh-Durham
Jacksonville-Brunswick
Sacramento
The Bay Area
#1 Dallas/Fort Worth
Top 5 Zip Codes for Deals in the Dallas/Fort Worth Area:
Motivated MLS | Foreclosures | Wholesales |
75240 | 75125 | 75401 |
75160 | 76049 | 75216 |
75209 | 76107 | 75211 |
75212 | 76226 | 75217 |
76048 |
#2 Houston
Top 5 Zip Codes for Deals in Houston, TX:
Motivated MLS | Foreclosures | Wholesale Deal |
77024 | 77301 | 77033 |
77318 | 77028 | |
77016 | ||
77520 | ||
77021 |
#3 Atlanta
Top 5 Zip Codes for Deals in Atlanta, GA:
Motivated MLS | Wholesales |
30143 | 30310 |
30223 | 30032 |
30092 | 30223 |
30315 | |
30344 |
#4 Washington, D.C.
Foreclosures | Wholesales |
21224 | 21223 |
21215 | 21217 |
17202 | 21213 |
21075 | 21215 |
21742 | 21225 |
21216 | |
21218 |
#5 Miami
Top 5 Zip Codes for Deals in Miami, FL:
Foreclosures | Motivated MLS | Wholesales |
33133 | 33139 | 33147 |
33134 | 33160 | 33311 |
33325 | 33180 | 33142 |
33154 | 33312 | |
33009 | 33020 | |
33131 | 33313 | |
33140 |
#6 Tampa Bay
Top 5 Zip Codes for Deals in the Tampa Bay Area, FL
Foreclosures | Motivated MLS | Wholesales |
34434 | 33981 | 33604 |
33981 | 33610 | |
33981 | 33881 | |
33605 | ||
33611 |
#7 Orlando-Daytona Beach-Melbourne
Top 5 Zip Codes for Deals in Orlando-Daytona Beach-Melbourne, FL:
Wholesales |
32810 |
32808 |
32806 |
32811 |
32805 |
#8 Los Angeles
Top 5 Zip Codes for Deals in Los Angeles, CA:
Foreclosures | Wholesales |
92308 | 92277 |
92314 | 92325 |
92341 | 90042 |
92345 |
#9 West Palm Beach-Ft. Pierce
Top 5 Zip Codes for Deals in West Palm Beach-Ft. Pierce, FL:
Foreclosures | Wholesales |
33426 | 33460 |
33407 | |
33404 | |
33405 | |
33401 |
#10 San Antonio
Top 5 Zip Codes for Deals in the San Antonio, TX:
Wholesales |
78210 |
78207 |
78114 |
78203 |
78211 |
#11 Raleigh-Durham
Top 5 Zip Codes for Deals in Raleigh-Durham, N.C.:
Wholesales |
27803 |
27703 |
27704 |
27893 |
#12 Jacksonville-Brunswick
Top 5 Zip Codes for Deals in Jacksonville-Brunswick, FL:
Foreclosures | Wholesales |
31525 | 32208 |
32189 | 32206 |
32209 | |
32177 |
#13 Sacramento
Top 5 Zip Codes for Deals in Sacramento, CA:
Foreclosures | Wholesales |
95691 | 95667 |
95823 | |
95608 | |
95841 |
#14 The Bay Area
Top 5 Zip Codes for Deals in the Bay Area, CA:
Wholesales |
94611 |
94605 |
94591 |
94601 |
#15 Oklahoma
Top 5 Zip Codes for Deals in the Oklahoma Market Area:
Foreclosures | Motivated MLS | Wholesales |
73008 | 73107 | 73110 |
73703 | 73120 | 73064 |
73703 | 73112 | 73114 |
73052 | ||
73026 |
#16 Chicago
Top 5 Zip Codes for Deals in the Chicago, IL
Foreclosures | Wholesales |
53105 | 60628 |
46324 | 60619 |
60901 | 46409 |
#17 Austin
Top 5 Zip Codes for Deals in Austin, TX:
Wholesales |
78644 |
78745 |
78645 |
78741 |
78641 |
#18 New York
Top 5 Zip Codes for Deals in New York:
Foreclosures | Motivated Seller Leads | Wholesales |
10512 | 7305 | 12401 |
11720 | 8865 | |
11772 | ||
11751 | ||
11949 |
#19 Beaumont-Port Arthur
Top 5 Zip Codes for Deals in Beaumont-Port Arthur, TX:
Wholesales |
77705 |
77630 |
77662 |
77640 |
77703 |
#20 Sherman
Top 5 Zip Codes for Sherman, TX:
Foreclosures | Motivated MLS | Wholesales |
74820 | 75020 | 75020 |
75020 | 76245 | 75090 |
75076 | ||
75076 | ||
76273 |
Average ARV per Market Area
Lastly, the average ARV for these 20 top market areas is summarized below:
Are you surprised by the zip codes that appeared on this list? Did anything else stick out to you? Share your thoughts below . . .To view a summarized report containing the top 5 zip codes for investment properties in each market area, visit this page.
Use these insights to help guide your dealmaking throughout the rest of the year.
Happy, and profitable, investing!