Flip Activity in Mathews, VA: Investors See $115K Average Gross Profit on 15 Home Flips
In Mathews, Virginia, the residential real estate market saw 15 homes successfully flipped within a 12-month period, generating an average gross profit of $115,000 per transaction. This activity underscores a distinct segment of the local market focused on value-add strategies, where properties are acquired and resold within a year, often after renovation.
County Overview
Mathews County, Virginia, experienced 15 residential home flips over the trailing 12 months ending July 2026, according to BatchData's Flip Activity Report. These transactions represent properties bought and resold within a 12-month timeframe, indicating active investor engagement in the county. The average gross profit for these flips reached an impressive $115,000, reflecting substantial value creation from purchase to resale. This translates to an average gross ROI of 36.1%, a key metric for evaluating the efficiency of capital deployment in real estate projects, excluding rehab, holding, and selling costs.
The pace of these investment cycles in Mathews County is also notable, with an average of 172 days to flip a property. This relatively quick turnaround time suggests that investors in the area are efficiently managing their projects, from acquisition to renovation and final sale. Such a timeframe allows for faster capital recycling, which is a critical consideration for real estate investing strategies.
Mathews County's flip activity places it as a smaller but active player within the broader Virginia market. The county ranks #90 among Virginia's 128 counties in terms of flip volume, accounting for 0.1% of the state's total 12,430 flips. While the raw count of 15 flips is modest compared to the state's total, the significant average gross profit and ROI demonstrate that opportunities for profitable rehab and resale exist even in smaller markets. This suggests that investors in Mathews are either targeting properties with strong value-add potential or benefiting from a robust local demand for renovated homes.
Local Market Context
Comparing Mathews County's flip market to state and national trends reveals its distinctive characteristics. With 15 residential flips, Mathews accounts for a small fraction of Virginia's 12,430 total flips and an even smaller share of the national total of 341,944 flips. This modest volume means that while the county contributes to the overall flip activity, it does not drive the larger trends seen in more populous or economically dynamic regions. However, its average gross profit of $115,000 and gross ROI of 36.1% highlight that successful flipping ventures are highly viable within its local context.
The average days to flip in Mathews County, at 172 days, indicates a market where investors are able to turn properties over within a six-month window, aligning with typical "fast flip" strategies. This efficiency in holding period contributes directly to the gross ROI, as shorter holds generally reduce carrying costs and accelerate returns on capital. For investors seeking to understand the mechanics of property transactions and the capital involved, BatchData offers robust property data API solutions to analyze market dynamics, including purchase and resale values across various geographies.
The flip activity in Mathews County, characterized by its substantial average gross profit and efficient turnaround, suggests that local investors are adept at identifying undervalued properties and executing timely renovations. While the county's flip volume is not a major contributor to state or national totals, its individual flip economics are compelling. This scenario could indicate a market with less competition for specific types of distressed or undervalued properties, allowing local investors to secure higher margins. For individuals or firms seeking to deepen their understanding of specific market segments, BatchData's property datasets provide granular detail on property characteristics, ownership, and transaction histories. The consistent gross ROI of 36.1% across these 15 flips makes Mathews County an intriguing case study for focused, high-margin real estate investor strategies, contrasting with the higher volume but potentially lower margin environments found in larger metropolitan areas.