MyHouseDeals Blog

The Top Zip Codes for Investment Properties in Your Area [2020 4th Quarter]

The numbers are out! In the last quarter of 2020, thousands of investment properties were added to MyHouseDeals throughout the US.  This report provides data about which market areas and deal types are available for profitable investing.

In 2020,  a new investment property deal type called Motivated MLS was added to MyHouseDeals.com. Motivated MLS deals are houses for sale on the multiple listing service (MLS) that are best suited for real estate investors. These houses are handpicked for MyHouseDeals due to their profit and negotiation potential.

Below we break out the four different deal types on our website: wholesale deals, investor-ready foreclosures, motivated seller deals, and motivated MLS deals. You’ll see graphs showing the percentage of each deal type along with which states and cities contain the most investment properties.

Then, we list the cities and zip codes with the greatest number of deals, followed by the average ARV for each state. Check out the maps to see which areas are hot right now for bargain properties. To view the summarized report containing the top 5 zip codes for each market area, go here. 

If you do your own marketing to find potential investment properties, target properties in these zip codes since they are more likely to have motivated sellers and/or properties needing repair. Both of these conditions can lead to greater discounts and profits for investors like you. 

Keep reading for these breakdowns of hot investment areas so you can make 2021 your year for real estate investing.

The Big Picture:

There are too many markets to list, so here is a breakdown of where these deals can be found by state (click to expand).

Here is a percentage breakdown of the types of properties added to the site during the fourth quarter of 2020 (click to expand).

Note that the percentage of Investor-ready Foreclosures decreased significantly compared to last year. In Q4 2019, Investor-ready foreclosure made up nearly 60% of the deals, whereas in Q4 2020 they only made up 18.4% of the deals. This is largely due to the foreclosure moratoriums instituted in response to the COVID-19 pandemic.

If you want to view a specific type of property deal, select only the property types you want to see in your search parameters (click to expand).  

The top 5 market areas for investment property deals include:

  1. South Florida
  2. Dallas/Forth-Worth
  3. Washington DC
  4. Atlanta
  5. Houston

Here is the exact number of deals per market area:

Deal Activity per Market Area:

These maps are a little more interesting! You can see the HOT areas (and the not so hot areas) for investment properties in each city. These are our top 20 markets (in order from the greatest amount of deals to least)!

Looking for a specific market? Click on the links below to jump directly to your area.

 

 

#1 South Florida

Top 5 Zip Codes for Deals in South Florida Area:

Wholesale
33311
33023
33150
33147
33142

 

Foreclosure
33021
33032
33054
33065
33066
Motivated Sellers
33404
34952

 

Motivated MLS Deals
33160
33131
33139
33140
33154

 

 

#2 Dallas/Fort-Worth

Top 5 Zip Codes for Deals in Dallas/Fort-Worth, TX:

Wholesale
75217
75216
75241
75160
75208

 

Foreclosure
75035
75144
75160
75248
75460
Motivated MLS Deals
75080
75208
75209
75218
75219
 

#3 Washington, D.C.

Top 5 Zip Codes for Deals in Washington, D.C.:

Wholesale
21217
21216
21223
21213
21215

 

Foreclosure
20657
20872
21037
21157
21229
 

#4 Atlanta

Top 5 Zip Codes for Deals in Atlanta, GA:

Wholesale
30310
30314
30315
30349
30032

 

Foreclosure
30094
30223
30012
30019
30043
 

#5 Houston

Top 5 Zip Codes for Deals in Houston, TX:

Wholesale
77520
77021
77022
77016
77093

 

Foreclosure
77024
77090
77301
77302
77316
 

#6 Tampa Bay

Top 5 Zip Codes for Deals in Tampa Bay, FL:

Wholesale
19132
19124
19144
19138
19134

 

Foreclosure
33884
33573
33604
33657
33706
 

#7 Orlando-Daytona Beach-Melbourne

Top 5 Zip Codes for Deals in Orlando-Daytona Beach-Melbourne, FL:

Wholesale
32805
32771
32808
32804
34769

 

Foreclosure
32137
32159
34748
32110
32164
 

#8 Los Angeles

Top 5 Zip Codes for Deals in Los Angeles, CA:

Wholesale
90004
90018
90016
90044
91344

 

Foreclosure
92307
91320
91763
92308
92324
 

#9 Central Texas

Top 5 Zip Codes for Deals in Central Texas:

Wholesale
78201
78202
78228
78207
78210

 

Foreclosure
78244
76664
76707
78109
78201
 

#10 Raleigh-Durham

Top 5 Zip Codes for Deals in Raleigh-Durham, NC:

Wholesale
27803
27701
27703
27804
27893

 

Foreclosure
27252
27951
 

#11 Chicago

Top 5 Zip Codes for Deals in Chicago, IL:

Wholesale
60620
606024
60617
60649
60637

 

Foreclosure
60047
60099
60115
60181
60901
 

#12 NYC/Tri-State

Top 5 Zip Codes for Deals in the NYC/Tri-State Area:

Wholesale
12601
6708
7017
7111
7024

 

Foreclosure
11704
10541
10924
10903
11423
 

#13 Sacramento-Stockton-Modesto

Top 5 Zip Codes for Deals in Sacramento-Stockton-Modesto, CA:

Wholesale
95206
94533
95815
95820
95683

 

Foreclosure
95361
95620
95350
 

#14 Bay Area

Top 5 Zip Codes for Deals in Bay Area, CA:

Wholesale
94611
94605
94609
94601
94705

 

Foreclosure
94591
 

#15 Jacksonville & Brunswick

Top 5 Zip Codes for Deals in Jacksonville & Brunswick, FL:

Wholesale
32209
32210
32205
32208
32254

 

Foreclosure
31553
32140
32208
32210
32218
 

#16 Nashville

Top 5 Zip Codes for Deals in Nashville, TN:

Wholesale
37207
37211
37206
37066
37209

 

Foreclosure
37015
37080
38545
38256
37129
 

#17 Philadelphia

Top 5 Zip Codes for Deals in Philadelphia, PA:

Wholesale
8618
8302
18013
19134
21663

 

Foreclosure
19151
19335
19382
18017
18042
 

#18 Birmingham

Top 5 Zip Codes for Deals in Birmingham, AL:

Wholesale
35206
35224
35020
35215
35211

 

Foreclosure
35023
35062
35160
35208
34210
Motivated Sellers
85928
85249

 

 

#19 Sherman-TX & Ada-OK

Top 5 Zip Codes for Deals in Sherman-TX & Ada-OK:

Wholesale
75021
75020
75090
75414
75092

 

 

#20 Beaumont & Port Arthur

Top 5 Zip Codes for Deals in Beaumont & Port Arthur, TX:

Wholesale
77630
77713
77705
77627
77640

 

Foreclosure
77707
 

Average ARV per Market Area

Lastly, the average ARV for these 20 top market areas is summarized below:

Click to expand

Are you surprised by the zip codes on this list? Share your thoughts below…

To view a summarized report containing the top 5 zip codes for wholesale investment properties in each market area, visit this page.

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