Georgia real estate investors looking for a quick fix and flip opportunity should consider the small city of Bremen, near the Alabama border, according to a new study.
Homebuying site Tomo analyzed over 45,000 homes that were bought and sold between 90 and 365 days to identify which cities have the best flipping potential in 2024.
Bremen, population 7,200, came out on top, providing the greatest average return on investment among Georgia localities. According to the study, the average initial purchase price for a home in Bremen in 2023 was $107,000, with the average resale coming in at $242,000, for an average increase of $135,000 or a 177% return.
Aragon, population 1,500 in Polk County, came in at No. 2 with an average return of 167%, followed by Bowdon, population 2,200 in Carroll County, was third with a 152% return.
To see the full ranking of the top 20 Georgia localities for flipping, click here.