Cape Coral ranked fourth nationally for all-cash home flips in the third quarter of 2025, underscoring Southwest Florida’s continued appeal to real estate investors even as profits tighten nationwide, according to a new report from ATTOM. The study found that 80.7% of flipped homes in the Cape Coral metro area were purchased with cash, well above the national average of 62.9%. Nationally, home flipping activity and profitability declined, with typical returns falling to 23.1% — the lowest level since 2008 — as rising home prices and shrinking margins challenged investors. The metro areas with the highest share of all-cash flips were Flint, Michigan (85.3%); Erie, Pennsylvania (84.3%); Youngstown, Ohio (84.1%); Cape Coral; and Toledo, Ohio (80.4%).