Both Homestead and Miami’s 33150 ZIP code offer some of the best housing opportunities in the country, according to a new analysis from RealtyTrac. In its report, RealtyTrac analyzed 3,561 ZIP codes nationwide, focusing on areas with: at least 2,500 residents; an increase in construction loans from last year; an average home flipping return of at least 60 percent; and where Millennials comprised at least 25 percent of the total population.
Under those standards, the 33150 ZIP was the No. 14 opportunity market in the country, with a flipping ROI of 111 percent, or an average of $85,500. Homestead came in at No. 30, with an ROI of 65 percent, or $44,900.
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