Sheridan County, ND Sees Single Home Flip with 200.0% Gross ROI in July 2026
In July 2026, real estate investors in Sheridan County, North Dakota, recorded a single residential property flip, yielding an average gross return on investment of 200.0% and an average gross profit of $10K, according to BatchData's flip activity report. This distinct activity profile positions Sheridan County with a unique, albeit low-volume, market snapshot within North Dakota.
County Overview
Sheridan County's residential real estate market saw limited investor activity in July 2026, with only 1 home recorded as flipped within a 12-month period. This single transaction, while representing a minimal volume, demonstrated a significant return, with an average gross flip profit of $10K. The gross return on investment (ROI) for this flip stood at an impressive 200.0%, indicating a strong profit margin relative to the purchase price. The average time for this property to be held before resale was 180 days, suggesting a moderate turnaround period for capital.
For context, Sheridan County's 1 home flipped places it at #30 among North Dakota's 38 counties, accounting for just 0.2% of the state's total 575 flips. This low volume contrasts sharply with the national landscape, where 341,944 homes were flipped across the U.S. in the same period. While the county's low volume suggests it is not a high-turnover market for flipping, the substantial gross ROI on its sole flip highlights the potential for profitability for individual, well-executed projects. Investors seeking opportunities in less competitive, higher-margin niches might find such isolated successes noteworthy.
Local Market Context
The low volume of flip activity in Sheridan County, with just 1 home flipped, indicates a market that diverges significantly from the broader trends seen at the state and national levels. Despite the minimal transaction count, the recorded average gross ROI of 200.0% for this single flip is notably high. This figure, representing the gross profit as a percentage of the purchase price before accounting for rehab, holding, or selling costs, suggests that strategic acquisitions and renovations can still yield substantial returns for real estate investing activities in specific micro-markets. The average gross profit of $10K further underscores the profitability of this particular transaction.
The average days to flip in Sheridan County was 180 days, falling within the 6-12 month hold length category. This timeframe indicates that the investor held the property for a moderate duration, allowing for potential renovations or market appreciation before resale. For investors monitoring capital velocity, a 180-day turnaround allows for reinvestment within a year, demonstrating a reasonable pace for capital deployment and recovery in this specific instance. This contrasts with markets where properties are flipped much faster (within 6 months) or held for longer periods, suggesting a deliberate approach to the project. While the county's activity represents a small fraction of North Dakota's total and the nation's overall market report figures, the high gross ROI achieved on this single flip suggests that targeted, high-value opportunities can exist even in low-volume markets. Understanding these nuances requires granular property data and a keen eye for specific property potential.