5 Best and Worst Cities for House Flip­ping ROI

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here’s a look at five cities that still of­fer ro­bust re­turns and five mar­kets worth avoid­ing for re­turn on in­vest­ment from flip­ping houses, ac­cord­ing to At­tom Data So­lu­tions.

Nearly 54,000 houses were flipped dur­ing the sec­ond quar­ter of 2017, with in­vestors mak­ing an av­er­age profit of $67,516 per prop­erty and 48.4% re­turn on in­vest­ment, ac­cord­ing to At­tom Data So­lu­tions.

In­vest­ment re­turns on flipped houses have de­clined na­tion­wide for three straight quar­ters.

But some cities still have a ro­bust flip­ping mar­ket, while other cities are just worth avoid­ing.

Here’s a look at the five best and five worst cities for house flip­ping in­vest­ment re­turns dur­ing the sec­ond quar­ter of 2017.

No. 1 Best: Pitts­burgh, Pa.

Orig­i­nal pur­chase price: $58,800 Flipped price: $145,000 Gross profit: $86,200

ROI: 146.6%

No. 1 Worst: Honolulu

Orig­i­nal pur­chase price: $399,000 Flipped price: $470,000 Gross profit: $71,000

ROI: 17.8%

No. 2 Best: Ba­ton Rouge, La.

Orig­i­nal pur­chase price: $69,000 Flipped price: $152,000 Gross profit: $83,000

ROI: 120.3%

No. 3 Best: Philadel­phia, Pa.

Orig­i­nal pur­chase price: $86,000 Flipped price: $184,000 Gross profit: $98,000

ROI: 114%

No. 4 Best: Har­ris­burg, Pa.

Orig­i­nal pur­chase price: $73,750 Flipped price: $149,900 Gross profit: $76,150

ROI: 103.3%

No. 5 Best: Cleve­land, Ohio

Orig­i­nal pur­chase price: $55,000 Flipped price: $111,000 Gross profit: $56,000

ROI: 101.8%

No. 2 Worst: Boise, Idaho

Orig­i­nal pur­chase price: $187,964 Flipped price: $232,218 Gross profit: $44,254

ROI: 23.5%

No. 3 Worst: Austin, Texas

Orig­i­nal pur­chase price: $266,000 Flipped price: $335,160 Gross profit: $69,160

ROI: 26%

No. 4 Worst: San Jose, Calif.

Orig­i­nal pur­chase price: $685,000 Flipped price: $870,000 Gross profit: $185,000

ROI: 27%

No. 5 Worst: San Fran­cisco, Calif.

Orig­i­nal pur­chase price: $535,000 Flipped price: $680,000 Gross profit: $145,000

ROI: 27.1%

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