{"id":2535,"date":"2024-04-30T14:06:15","date_gmt":"2024-04-30T19:06:15","guid":{"rendered":"https:\/\/tomo.com\/blog\/?p=2535"},"modified":"2024-10-08T12:18:57","modified_gmt":"2024-10-08T17:18:57","slug":"best-neighborhoods-for-flipping-houses-in-phoenix","status":"publish","type":"post","link":"https:\/\/tomo.com\/blog\/best-neighborhoods-for-flipping-houses-in-phoenix\/","title":{"rendered":"Best Neighborhoods for Flipping Houses in Phoenix"},"content":{"rendered":"\n

Curious to know which neighborhoods<\/a> in Phoenix<\/a> were best for flipping houses? We were. After looking at thousands of homes that have been bought and sold within 90-365 days (the same property exchanging hands twice between 90-365 days), we narrowed it down to these top 10 neighborhoods based on return on investment. After perusing this list, successful home flipping depends on finding cheap homes for sale, here\u2019s where to find them in Phoenix.<\/a><\/p>\n\n\n\n

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Here is Tomo’s list of best neighborhoods in Phoenix for flipping houses.<\/strong><\/p>\n\n\n\n

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Rank<\/th>Neighborhood<\/th>Avg. Initial Purchase Price<\/th>Avg. Resale Price<\/th>Avg. % Change<\/th><\/tr><\/thead>
1<\/td>Central City<\/a><\/td>$348K<\/td>$583K<\/td>67%<\/td><\/tr>
2<\/td>Wier Estates<\/td>$216K<\/td>$341K<\/td>64%<\/td><\/tr>
3<\/td>Liberty<\/td>$244K<\/td>$346K<\/td>58%<\/td><\/tr>
4<\/td>South Mountain Village<\/td>$229K<\/td>$339K<\/td>57%<\/td><\/tr>
5<\/td>Apache Wells<\/a><\/td>$297K<\/td>$433K<\/td>51%<\/td><\/tr>
6<\/td>Desert West Park<\/td>$251K<\/td>$361K<\/td>51%<\/td><\/tr>
7<\/td>West Acres<\/td>$221K<\/td>$322K<\/td>50%<\/td><\/tr>
8<\/td>Boulder Mountain Highlands<\/td>$395K<\/td>$569K<\/td>47%<\/td><\/tr>
9<\/td>Alhambra<\/a><\/td>$310K<\/td>$451K<\/td>46%<\/td><\/tr>
10<\/td>La Casa Rica<\/td>$652K<\/td>$946K<\/td>46%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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What to know more about flipping homes?<\/h3>\n\n\n\n

Finding cheap homes to flip is one of the most important pieces of the flipping puzzle, check our cheap homes for sale in Phoenix<\/a>, or the greater Arizona<\/a> area. 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":"

Phoenix is a great place to invest in real estate, and these top 10 neighborhoods have the best chance for the highest returns. <\/p>\n","protected":false},"author":24,"featured_media":2595,"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-2535","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\/pheonix-best-home-flips-tomo-jpg.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts\/2535","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=2535"}],"version-history":[{"count":9,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts\/2535\/revisions"}],"predecessor-version":[{"id":3956,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts\/2535\/revisions\/3956"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/media\/2595"}],"wp:attachment":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/media?parent=2535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/categories?post=2535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/tags?post=2535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}