1113 Cora DrFlintMI48532
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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 1113 Cora Dr, Flint, MI, 48532 uses $49,725 cash to close to unlock $8,172/yr annual cash flow and $681/mo monthly cash flow. Total monthly income runs $1,670/mo, and a $734/mo payment keeps the spread at $681/mo. Purchase price stands at $150,000, and rental yield measures 13.36% with $1,670/mo rent. Return on cash invested shows 36.34% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 191.48% and total cumulative return in cash records $95,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,670/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48532, Flint, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,002 (100%) |
| Owner Occupied HU | 4,907 (54.5%) |
| Renter Occupied HU | 3,468 (38.5%) |
| Vacant Housing Units | 627 ( 7.0%) |
| Median Home Value | $174,887 |
| Average Home Value | $221,176 |
Housing Distribution
Address Breakdown
Residential
8,469
Single Family
7,028
Multi-Family
1,441
Businesses
947
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