Delaware, OH Home Flips Yield $104K Average Gross Profit in July 2026
According to BatchData, 160 residential properties were flipped in the county, achieving an average gross return on investment of 31.9%.
Real estate investors in Delaware, OH saw an average gross profit of $104,000 on residential property flips completed within a 12-month period, signaling a robust market for value-add strategies. This strong return, coupled with a swift average flip timeline, positions Delaware, OH as a notable market for house flipping activity in Ohio.
County Overview
During July 2026, Delaware, OH recorded 160 residential homes flipped, defined as properties bought and resold within 12 months. This activity underscores the consistent engagement of investors seeking to capitalize on market opportunities through rehabilitation and resale. The county's average gross profit per flip stood at a significant $104,000, demonstrating healthy margins for those executing successful renovation projects. This figure represents the difference between the prior purchase price and the most recent resale price, before accounting for any renovation, holding, or selling costs.
The profitability of these ventures is further highlighted by an average gross ROI of 31.9% in Delaware, OH. This gross return on investment, calculated as the gross flip profit divided by the purchase price, offers investors a clear metric for the capital efficiency of flipping operations in the area. Such a substantial gross ROI suggests that properties in Delaware, OH offer attractive potential for capital appreciation through strategic improvements and timely sales. Moreover, the average time to complete a flip in the county was 174 days, indicating a relatively quick turnaround for investor capital, allowing for efficient cycling of funds into new projects.
When placed within the broader state context, Delaware, OH contributes 0.8% of Ohio's total flip volume, which registered 19,842 residential flips. This places Delaware, OH at #24 among the 87 counties in Ohio for overall flip activity. While not among the very largest contributors by raw volume, its consistent activity and solid gross profit and ROI figures suggest a mature and appealing market for real estate investors. The county's position demonstrates that even without leading in sheer volume, it maintains a significant presence and offers compelling returns for those engaged in property flipping.
Local Market Context
Delaware, OH's standing at #24 among Ohio's 87 counties for flip activity indicates a moderate but active market for residential property investors. The county's 0.8% share of the state's 19,842 total flips suggests that while larger urban centers or more populous counties may see higher raw counts, Delaware, OH offers a distinct investment profile. The average gross profit of $104,000 and the average gross ROI of 31.9% are particularly noteworthy, indicating that properties in this market, when successfully flipped, yield substantial returns. This gross ROI figure, according to BatchData's Flip Activity Report, points to strong demand and appreciation potential within the county, justifying the capital deployed by real estate investors.
The average days to flip of 174 days in Delaware, OH underscores an efficient market where properties are acquired, renovated, and resold within a relatively tight timeframe. This quick capital turnover is a critical factor for investors, as it maximizes the velocity of their investment capital and reduces holding costs. Markets with faster flip cycles, like Delaware, OH, often attract investors looking for active opportunities to deploy and recoup funds rapidly. The combination of healthy gross profits and efficient timelines suggests a balanced environment where demand supports both value creation and swift transactions.
For real estate investing professionals, these insights signal that Delaware, OH represents a viable market for targeted flip strategies. The county's performance, with its strong average gross profit and ROI despite a mid-tier ranking in overall volume, suggests that opportunities are present for those who can identify undervalued properties and execute effective renovation plans. Investors utilizing property data APIs and tools like smart search can leverage detailed market intelligence to pinpoint specific neighborhoods or property types that align with these profitable flipping trends. The ability to achieve an average gross profit of $104,000 and a 31.9% gross ROI positions Delaware, OH as an area where strategic investment in residential flips can lead to significant financial gains.