{"id":2523,"date":"2024-04-30T14:03:44","date_gmt":"2024-04-30T19:03:44","guid":{"rendered":"https:\/\/tomo.com\/blog\/?p=2523"},"modified":"2024-10-08T11:40:21","modified_gmt":"2024-10-08T16:40:21","slug":"best-cities-for-flipping-houses-in-the-hudson-valley","status":"publish","type":"post","link":"https:\/\/tomo.com\/blog\/best-cities-for-flipping-houses-in-the-hudson-valley\/","title":{"rendered":"Best Cities for Flipping Houses in the Hudson Valley"},"content":{"rendered":"\n

The Hudson Valley in New York State is made up of many diverse cities and towns that span from Saratoga to Westchester counties. We wanted to know which communities were best for flipping houses, so we looked at thousands of homes that have been bought and sold within 90-365 days (the same property exchanging hands twice between 90-365 days). The result? A list of 10 cities or towns with the highest return on investment. After you peruse the list of best cities and towns, check out our listings of cheap homes for sale in Peekskill<\/a>, Yonkers<\/a>, Mount Vernon<\/a>, Ossining<\/a>, and White Plains<\/a>. You’ll find many cheaper priced homes that would be ideal for flipping, and check out today’s interest rates here. <\/a><\/p>\n\n\n\n

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Here is Tomo’s list of best cities or towns in the Hudson Valley for flipping houses.<\/strong><\/p>\n\n\n\n

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Rank<\/th>City<\/th>Avg. Initial Purchase Price<\/th>Avg. Resale Price<\/th>Avg. % Change<\/th>Avg. $ Increase<\/th><\/tr><\/thead>
1<\/td>Beacon<\/a><\/td>$294K<\/td>$549K<\/td>110%<\/td>$255,213<\/td><\/tr>
2<\/td>Cornwall<\/a><\/td>$268K<\/td>$468K<\/td>80%<\/td>$200,000<\/td><\/tr>
3<\/td>Cortlandt Manor<\/a><\/td>$339K<\/td>$586K<\/td>80%<\/td>$247,109<\/td><\/tr>
4<\/td>Woodbury<\/a><\/td>$953K<\/td>$1.6 MIL<\/td>78%<\/td>$159,073<\/td><\/tr>
5<\/td>Carmel<\/a><\/td>$278K<\/td>$460K<\/td>78%<\/td>$182,800<\/td><\/tr>
6<\/td>Poughkeepsie<\/a><\/td>$228K<\/td>$367K<\/td>74%<\/td>$145,993<\/td><\/tr>
7<\/td>Wallkill<\/a><\/td>$228K<\/td>$345K<\/td>74%<\/td>$116,875<\/td><\/tr>
8<\/td>Kingston<\/a><\/td>$255K<\/td>$390K<\/td>71%<\/td>$181,467<\/td><\/tr>
9<\/td>Middletown<\/a><\/td>$219K<\/td>$353K<\/td>71%<\/td>$135,525<\/td><\/tr>
10<\/td>Newburgh<\/a><\/td>$225K<\/td>$349K<\/td>64%<\/td>$123,711<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n

What to know more about flipping homes?<\/h3>\n\n\n\n

Check out other cities that are best<\/a> for flipping houses, or find other New York cities.<\/a> If you are looking for tips, look no further than House Flipping Flops<\/a> for what NOT to do, or our House Flipping 101 Guide.<\/a><\/p>\n\n\n\n

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Joelle Andersen<\/p><\/div><\/div>\n\n

Joelle has worn many hats in her professional career, which included stints at companies such as Time Inc., CNN and Zillow. She loves real estate and is always looking for that perfect investment property. A self-proclaimed interior designer, she lives in a suburb of NY with her architect husband, 4 children and 2 cats.<\/div>\n\n\n
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<\/div>\n","protected":false},"excerpt":{"rendered":"

Hudson Valley is not only known for its scenic views along the river, it’s also known for high returns on investment properties. <\/p>\n","protected":false},"author":24,"featured_media":2592,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[58],"tags":[],"class_list":["post-2523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-trends"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/tomo.com\/blog\/wp-content\/uploads\/2024\/04\/hudson-river-valley-best-home-flips-tomo.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts\/2523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/comments?post=2523"}],"version-history":[{"count":8,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts\/2523\/revisions"}],"predecessor-version":[{"id":3950,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts\/2523\/revisions\/3950"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/media\/2592"}],"wp:attachment":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/media?parent=2523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/categories?post=2523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/tags?post=2523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}