1416 Leisure DrFlintMI48507
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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 1416 Leisure Dr, Flint, MI, 48507 listed at $125,000 pairs $1,391/mo rent with a $612/mo payment to leave $327/mo cash flow. Total monthly income runs $1,391/mo, and annual cash flow reaches $3,918/yr on $41,438 cash to close. Return on cash invested measures 29.36% in year one, and rental yield registers 13.35% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 156.65% and total cumulative return in cash totals $64,913. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,391/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
$240 monthly 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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Listed by: CJ Green • Prime Real Estate & Associates
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50179081
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