Hot Market
Atlanta, GA
$380K median · 19% ROI
← Back to All Markets
Stable MarketHigh Flip Volume
Flipping houses in Memphis, TN.
Market data, neighborhood insights, and investor tips for fix-and-flip investing in Memphis, Tennessee.
$195K
Median Home Price
$32K
Avg Flip Profit
22%
Avg ROI
135
Avg Days to Flip
$38K
Avg Rehab Cost
$245K
Avg ARV
Market Insight
The Memphis fix-and-flip landscape
Memphis is a cash-flow investor's paradise with some of the lowest entry points of any major metro. High ROI percentages offset lower absolute dollar profits, making it ideal for scaling a portfolio.
Population
630,000
Median Income
$42,000
YoY Appreciation
+3.2%
Neighborhoods
Top neighborhoods for flipping in Memphis
01
Binghampton
Memphis, TN
02
Cooper-Young
Memphis, TN
03
Crosstown
Memphis, TN
04
Frayser
Memphis, TN
05
Raleigh
Memphis, TN
Investor Tips
Tips for flipping in Memphis
01
Binghampton and Crosstown are gentrifying rapidly around the Crosstown Concourse development.
02
Frayser and Raleigh offer the cheapest inventory but require more due diligence on neighborhood safety.
03
Memphis has one of the highest rent-to-price ratios in the country — BRRRR strategy works exceptionally well here.
04
Budget for security measures during rehab — job sites in some areas require additional protection.
Why Memphis
Why flip houses in Memphis, TN?
Memphis offers a compelling combination of affordable entry prices and exceptional return on investment for fix-and-flip operators. With a median home price of $195K and average flip profits of $32K, investors can achieve an average 22% ROI on completed projects.
The Southeast region's predictable performance makes it ideal for investors who value consistency. With high flip volume and an average of 135 days from purchase to sale, Memphis supports a patient, value-focused approach.
A population of 630,000 and median household income of $42,000 indicate a healthy buyer base. Year-over-year home price appreciation of +3.2% signals steady growth — a key factor for maintaining profitable exit strategies.
Your Edge in Memphis
How Vortonic helps you flip smarter in Memphis
Instant ARV Estimates
Get hyper-accurate After Repair Value estimates for any property in Memphis. Our AI analyzes sold comps, market conditions, and renovation scope to give you confidence in your exit price.
Automated 70% Rule
Know your Maximum Allowable Offer instantly for Memphis properties. Screen dozens of deals in minutes and focus on what pencils.
Comp Analysis
Pull sold comps, active listings, and pending sales across Memphis's neighborhoods in seconds. Filter by proximity, condition, and sale date.
Rehab Cost Modeling
Estimate renovation costs based on Memphis labor rates, material costs, and property condition. Build accurate budgets before you bid.
Neighborhood Analytics
Dive deep into Memphis's 5 top flip neighborhoods with street-level data, trend analysis, and demand indicators.
Deal Alerts
Set custom criteria for Memphis and get notified the moment a property hits the market that matches your buy box.
Ready to flip in Memphis?
Get AI-powered ARV estimates, comp analysis, and deal evaluation for any property in Memphis, TN.