Franklin, Ohio Sees 2,187 Home Flips with Average 42.6% Gross ROI
Franklin County, Ohio, stands out as a significant hub for residential real estate investors, with 2,187 homes bought and resold within a 12-month period, according to BatchData's Flip Activity Report for July 2026. This robust activity generated an average gross profit of $87K per flip, delivering an impressive average gross ROI of 42.6% before costs. The average time to complete a flip in the county was 156 days, reflecting a dynamic market where capital can turn over efficiently.
County Overview
Franklin County's strong performance in home flipping places it prominently within the state of Ohio. The county accounts for 11.0% of the statewide total flip volume, which registered 19,842 flips over the same period. This concentration of activity elevates Franklin County to the #2 position among Ohio's 87 counties, underscoring its importance to the state's real estate investing landscape. While Ohio's overall flip count contributes to the national total of 341,944 flips, Franklin County demonstrates outsized investor interest and success within its immediate region.
The average gross profit of $87K per flip in Franklin County, coupled with an average gross ROI of 42.6%, provides a clear signal of the potential returns for investors. This gross ROI figure, which excludes rehab, holding, and selling costs, highlights substantial margins available to those engaged in property rehabilitation and resale. The 156-day average flip duration suggests that investors are able to acquire, improve, and divest properties within a moderate timeframe, allowing for reasonable capital velocity.
Local Market Context
The consistent volume of flip activity in Franklin County, with 2,187 homes changing hands, suggests a stable environment for property data API users and investors looking for opportunities. The county's average gross profit of $87K per flipped home is a compelling figure, indicating that even after accounting for typical renovation and holding costs, many projects likely yield positive net returns for small landlords and institutional investors alike. This profit potential is a key driver for continued investment in the market.
The average gross ROI of 42.6% in Franklin County is particularly attractive, signaling strong demand for renovated properties and effective pricing strategies by local flippers. This figure is a critical metric for investors evaluating market efficiency and profitability, positioning Franklin County as a top-tier market for those seeking high-return opportunities within Ohio. The average time to flip, at 156 days, translates to just over five months, indicating that a significant portion of flips are completed within the "fast" hold length category (under 6 months), while others extend into the 6-12 month "longer hold" bracket. This balanced approach to holding periods allows investors flexibility in their renovation and sales cycles.
Franklin County's high ranking and substantial share of the state's total flip volume suggest that it is not merely tracking state trends but actively driving them. Its robust metrics for profit, ROI, and days to flip make it a distinctive market that warrants close attention from investors. The county's ability to consistently deliver high returns within a manageable turnaround time reinforces its reputation as a fertile ground for real estate investment and value creation. For a broader perspective on market trends, BatchData's full range of market reports offers deeper insights into various property types and investment strategies.