The Top Zip Codes for Investment Properties in Your Area [2021 3rd Quarter]
The numbers are in and we are excited to announce that our members made a considerable number of deals during the third quarter of 2021! This report provides data about which market areas and deal types are available for profitable investing. Keep reading to find out more!
Similar to this year’s first and second-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.
Next, 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.
Want to see how the rest of 2021 unfolds? Keep reading for these breakdowns of hot investment areas!
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 third 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 and second quarters.
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:
- Houston
- Dallas/Fort Worth
- Chicago
- Atlanta
- 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.
Houston
Atlanta
Miami Fort Lauderdale
Tampa Bay
Orlando-Daytona Beach-Melbourne
Los Angeles
-Melbourne
San Antonio
Phoenix
Raleigh-Durham
Jacksonville-Brunswick
Sacramento
Detroit
#1 Houston
Top 5 Zip Codes for Deals Houston:
| Motivated MLS | Foreclosures | Wholesales |
| 77024 | 77301 | 77033 |
| 77318 | 77028 | |
| 77016 | ||
| 77520 | ||
| 77021 |
#2 Dallas/Fort Worth
Top 5 Zip Codes for Deals in Dallas/Fort Worth, TX:
| Motivated MLS | Foreclosures | Wholesale Deal |
| 75240 | 75125 | 75401 |
| 75160 | 76049 | 75216 |
| 75160 | 76107 | 75211 |
| 75209 | 76226 | 75217 |
| 75212 | 76048 |
#3 Chicago
Top 5 Zip Codes for Deals in Chicago:
| Foreclosures | Wholesales |
| 53105 | 60628 |
| 46324 | 60619 |
| 60901 | 46409 |
#4 Atlanta
Top 5 Zip Codes in Atlanta, GA:
| Motivated MLS | Wholesales |
| 30143 | 303010 |
| 30223 | 30032 |
| 30092 | 30223 |
| 30315 | |
| 30344 | |
#5 Miami Fort Lauderdale
Top 5 Zip Codes for Deals in Miami/Fort Lauderdale, FL:
| Foreclosures | Motivated MLS | Wholesales |
| 33133 | 33139 | 33147 |
| 33134 | 33160 | 33311 |
| 33325 | 33180 | 33142 |
| 33154 | 33321 | |
| 33009 | 33020 | |
| 33131 | 33313 | |
| 333140 |
#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
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 Baltimore
Top 5 Zip Codes for Deals in Baltimore, MD:
| Wholesales | |
| 21225 | |
| 21223 | |
| 21229 | |
| 21223 | |
| 21215 |
#10 West Palm Beach
Top 5 Zip Codes for Deals in West Palm Beach, FL:
| Foreclosures Wholesales |
| 33426 33460 |
| 33407 |
| 33404 |
| 33405 |
| 33401 |
#11 Raleigh-Durham
Top 5 Zip Codes for Deals in Raleigh-Durham, N.C.:
| Wholesales |
| 27803 |
| 27703 |
| 27704 |
| 27893 |
#12 San Antonio
Top 5 Zip Codes for Deals in San Antonio:
| Wholesales | |
| 78210 | |
| 78207 | |
| 78114 | |
| 78211 |
#13 Phoenix
Top 5 Zip Codes for Deals in Phoenix, AZ:
| Foreclosures | Wholesales |
| 85001 | 85008 |
| 85003 | |
| 85002 | |
| 85007 |
#14 Oklahoma City
Top 5 Zip Codes for Deals in Oklahoma City:
| Foreclosures Motivated MLS Wholesales |
| 73008 73107 73110 |
| 73703 73120 73064 |
| 73052 73112 73114 |
| 73026 |
#15 Detroit
Top 5 Zip Codes for Deals in Detroit:
| Foreclosures | Motivated MLS | Wholesales |
| 48390 | 44284 | 48234 |
| 48322 | 48203 | |
| 48234 | ||
#16 Jacksonville
Top 5 Zip Codes for Deals in Jacksonville-Brunswick, FL
| Foreclosures | Wholesales |
| 31525 | 32208 |
| 32189 | 32206 |
| 32209 |
#17 Sacramento
Top 5 Zip Codes for Deals in Sacramento, CA:
| Foreclosures Wholesales |
| 95691 95667 |
| 95823 |
| 95608 |
| 95841 |
#18 Austin
Top 5 Zip Codes for Deals in Austin:
| Wholsales | ||
| 78644 | ||
| 78745 | ||
| 78645 | ||
| 78741 | ||
| 78641 |
#19 Syracuse
Top 5 Zip Codes for Deals in Syracuse:
| Wholesales |
| 13208 |
| 13308 |
| 13204 |
#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!
