Flipping ROI Drops Below 25% – Lowest Level Since 2008

“In investing, what is comfortable is rarely profitable.” — Robert Arnott

According to ATTOM Data’s latest flipping report, there were 72,217 single-family homes & condominiums flipped in Q3 2025, accounting for 6.8% of home sales from July through September. In addition, they found that the typical profit margin for a flipped home in Q3 was 23.1%, down from 26.5% in Q2 and down 29.8% from one year ago.

“Home flipping activity and profitability continued to decline in Q3 2025 with typical return on investment dropping to 23.1%, the lowest since 2008,” said Rob Barber, CEO of ATTOM.