Plymouth, IA Records 21 Home Flips, Averaging 48.3% Gross ROI
Despite a modest volume of residential flips, investors in Plymouth County, Iowa, secured an impressive average gross ROI of 48.3% on properties resold within 12 months, with an average gross profit of $83K per flip.
County Overview
Plymouth County, Iowa, saw 21 residential homes flipped over the trailing 12-month period ending July 2026, indicating a focused but profitable segment of the local real estate market. According to BatchData's Flip Activity Report, these investment properties yielded an average gross profit of $83K, translating to a substantial average gross ROI of 48.3%. This gross return on investment, calculated before factoring in rehab, holding, and selling costs, signals robust potential for value creation within the county.
The average time taken to complete a flip in Plymouth County was 205 days. This duration suggests that most investors are holding properties for more than six months but less than a year, aligning with strategies that often involve significant renovations or waiting for optimal market conditions to maximize resale value. These longer hold periods contrast with faster-paced markets where quick turnarounds are prioritized, highlighting a deliberate approach by local real estate investing professionals.
Plymouth County's 21 flips contribute 0.5% to Iowa's statewide total of 4,187 residential flips for the same period. This places Plymouth County at #40 among Iowa's 98 counties in terms of flip volume. While this volume is considerably smaller than the national total of 341,944 flips, the county's strong average gross ROI suggests that quality opportunities exist for those who identify them. The local market appears to reward careful investment rather than sheer volume.
Local Market Context
Plymouth County's position as #40 out of 98 counties in Iowa for flip activity, coupled with its 0.5% share of the state's 4,187 flips, indicates a market characterized by selective property datasets rather than widespread speculative buying. The average gross profit of $83K per flip in Plymouth County is a significant figure, underscoring the potential for substantial returns on individual projects. This level of profitability can be particularly attractive to investors who prioritize margin over volume, focusing on properties with clear value-add opportunities.
The strong average gross ROI of 48.3% further distinguishes Plymouth County. This return is a key indicator of market health for flippers, suggesting that purchase prices allow ample room for profit after renovation and resale. The relatively stable average days to flip at 205 days implies that investors are not rushing projects, potentially engaging in more extensive renovations or strategic market timing. This measured approach likely contributes to the higher profit margins, as properties are presented to buyers in an optimized condition.
For investors monitoring the broader Iowa market, Plymouth County presents a compelling case where the underlying economics of flipping remain attractive, even if the sheer number of transactions is lower than in more populous regions. This market characteristic can appeal to both seasoned investors seeking solid returns and newer participants looking for less competitive environments. BatchData's comprehensive market reports provide detailed insights into these localized trends, helping investors pinpoint areas that align with their investment strategies, whether they involve high-volume transactions or high-margin, slower-turnaround projects.