1052 Alton AveFlintMI48507
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Flint at 1052 Alton Ave, Flint, MI, 48507 offers a 8.89% rental yield on a $178,500 purchase with $1,322/mo rent. Total monthly income registers $1,322/mo, and a $874/mo payment leaves $145/mo available for distribution. Annual cash flow reaches $1,734/yr on $59,173 to close, and return on cash invested stands at 22.84% in year one. Equity gained on principal adds $1,152/yr while 5% annual appreciation supports $49,316 over five years. Portfolio math shows five-year ROI at 119.13% and total cumulative return in cash at $70,490. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,322/mo property income against a $874/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48507, Flint, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,440 (100%) |
| Owner Occupied HU | 8,027 (55.6%) |
| Renter Occupied HU | 4,811 (33.3%) |
| Vacant Housing Units | 1,602 (11.1%) |
| Median Home Value | $131,237 |
| Average Home Value | $160,132 |
Housing Distribution
Address Breakdown
Residential
12,852
Single Family
10,959
Multi-Family
1,893
Businesses
1,439
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