While much of real estate deals in helping individuals and families buy and sell homes for their own personal use, there are occasions and opportunities wherein buying to sell – or flip – makes dollars … and sense.

So often we’re asked about the process of flipping a house – finding the right property with the right value, demand, and ‘flippability’ in order to turn a profit.

And though it’s true that with home prices steadily rising, it’s getting ever harder to find a good candidate for house flipping in the Tampa Bay area, we are still ranked third among major metro areas last year with a flip rate of 9 percent.

Simply put: One in every 11 homes sold was a flip, with ‘flip’ defined as ‘ … a home sold twice within 12 months in an arm’s length transaction.’

Want to know where to go to get the best bang for your buck?

Here are the nine Tampa Bay area ZIP code with the highest gross return on investment on flips, according to ATTOM Data Solutions. (But note that the gross amounts do not reflect the cost of any necessary renovations.)

But those interested in flipping should move quickly. Nearly 55,000 people moved to the Tampa Bay area last year alone, making it the tenth highest city nationwide in terms of population increase, according to a report from the U.S. Census Bureau.

In fact, the 2017 census estimate places Tampa Bay’s population around 3,091,399 after tens of thousands moved here last year, making it the 10th biggest population gain by a metro area in the country.

Further, the area’s population, already the largest of any metropolitan area in the state, is projected to grow from 3 million last year to 3.1 million this year, then to 3.3 million over the next five years.

So if you’re ready to enter the real estate market as an investor, there’s no time like the present. Put the experienced real estate professionals at DeLeon Sheffield Company in your corner in the right zip to flip!

Because at DeLeon Sheffield Company, ‘We’re More Than Realty; We’re Family.’