The Top Zip Codes for Investment Property in Your Area [2016 3rd Quarter]
The numbers are out! We are excited to release a list of the most popular zip codes for wholesale deals from July to September of 2016.
If you do your own marketing to find investment property, target properties in these zip codes because they are more likely to have motivated sellers and/or properties in disrepair. Both of these conditions can lead to greater discounts and profits for investors like yourself.
We compiled this data from the hundreds of wholesale deals that were posted to our website over the third quarter.
To view a summarized report containing the top 5 zip codes for each market area, visit this page.
Keep reading for the breakdown of hot investment areas and the zip codes where we saw the highest levels of deal activity during the third quarter of the year!
The Big Picture:
The top 5 market areas for wholesale property deals include:
1. Houston
2. Dallas/Forth-Worth
3. Atlanta
4. South Florida
5. Chicago
Note: Washington, D.C. includes Maryland and Parts of VA, and South Florida includes Miami to West Palm Beach.
The maps below show more detail for each of these markets.
Wholesale Deal Activity per Market Area:
The maps are a little more interesting! You can see the HOT areas (and the not so hot areas) in each city.
Atlanta:
Top 5 Zip Codes for Wholesale Deals in Atlanta:
1. 30310
2. 30032
3. 30316
4. 30315
5. 30331
Central Texas:
Top 5 Zip Codes for Wholesale Deals in Central Texas:
1. 76574
2. 78223
3. 78702
4. 78704
5. 78201
Chicago:
Top 5 Zip Codes for Wholesale Deals in Chicago:
1. 60617
2. 60628
3. 60619
4. 60620
5. 60636
Dallas/Fort-Worth:
Top 5 Zip Codes for Wholesale Deals in Dallas/Fort-Worth:
1. 75020
2. 75041
3. 75088
4. 75149
5. 75150
Houston:
Top 5 Zip Codes for Wholesale Deals in Houston:
1. 77021
2. 77016
3. 77051
4. 77004
5. 77009
Los Angeles:
Top 5 Zip Codes for Wholesale Deals in Los Angeles:
1. 90016
2. 90032
3. 90630
4. 90018
5. 90044
N.Y.C./Tri-State:
Top 5 Zip Codes for Wholesale Deals in N.Y.C./Tri-State:
1. 07305
2. 07017
3. 07065
4. 07108
5. 07461
Philadelphia:
Top 5 Zip Codes for Wholesale Deals in Philadelphia:
1. 19146
2. 19138
3. 19140
4. 19023
5. 19121
South Florida:
Top 5 Zip Codes for Wholesale Deals in South Florida:
1. 33311
2. 33023
3. 33404
4. 33407
5. 33020
Tampa Bay:
Top 5 Zip Codes for Wholesale Deals in Tampa Bay:
1. 33612
2. 32805
3. 33711
4. 32708
5. 32784
Washington, D.C.:
Top 5 Zip Codes for Wholesale Deals in Washington, D.C.:
1. 20744
2. 21207
3. 21223
4. 21229
5. 20020
Lastly, here is the Average After Repair Value (ARV) per Market Area. Check out the average ARV for Los Angeles!
Are you surprised by the zip codes on this list? Share your thoughts below…
To view a summarized report containing the top 5 zip codes for each market area, visit this page.
