Top 5 Southern U.S. states dominate house flipping with highest ROI

1 min read
Source: CNBC
Top 5 Southern U.S. states dominate house flipping with highest ROI
Photo: CNBC
TL;DR

Joybird, a furniture company, analyzed 11 factors to determine the best U.S. states for flipping houses and maximizing ROI. Five out of the top 10 states are located in the South, with Louisiana ranking as the best state for house flipping. Michigan and Alabama also made the top three. Factors considered included median home price, number of fixer-upper homes, days on the market, and property tax rates. Louisiana offers a low property tax rate and a large construction labor force, contributing to its high ranking.

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