Best fix-and-flip markets
The best fix-and-flip deals in 47 U.S. cities, updated daily. Pick a city to see its highest-ROI homes for sale with ESTI's estimate of renovation cost, after-repair value and profit. Free to browse, no credit card.
Alabama
Arizona
California
Colorado
Florida
Georgia
Illinois
Indiana
Louisiana
Maryland
Missouri
Nevada
New Mexico
North Carolina
Ohio
Oklahoma
Pennsylvania
South Carolina
Tennessee
Texas
Utah
Virginia
Wisconsin
How ESTI estimates
Renovation cost
ESTI estimates two renovation scopes for every home. Moderate is a cosmetic refresh: demolition and prep, interior and exterior paint, flooring, countertops, plumbing and light fixtures, and clean-up. Full-scale adds cabinets, appliances, interior doors and trim, light framing and drywall repairs, and electrical and plumbing parts. Neither includes structural work or debris haul-off.
After-repair value (ARV)
ARV is what the home could sell for once it is renovated. ESTI looks for comparable homes nearby, similar in size, bedrooms, bathrooms and age, that sold or went under contract recently. It starts with the closest and most recent sales and widens the search only when there are too few.
Profit and ROI
Profit = ARV − purchase price − renovation − closing costs. Closing costs are 0.6% of the purchase price.
When ESTI does not estimate
ESTI shows "Can't estimate" instead of a profit when there aren't enough comparable sales to estimate the after-repair value, when the estimated ROI is above 35% (usually a sign of wrong listing data), or when the listing data looks wrong. Those homes are never Profit Picks and are left out of every market number.
Made by ESTI's algorithms from listing data and recent nearby sales. Not an appraisal or financial advice. Listing details can be incomplete or out of date. Verify before you invest. Disclaimer
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Search any U.S. home for sale, see the full breakdown with comps, and get new Profit Picks in your city by email. ESTI is free.