1511 Durango CtFlintMI48532
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1511 Durango Ct, Flint, MI, 48532 in Flint. Priced at $274,900, it generates $3,485/mo in gross rent and $1,582/mo in net monthly cash flow, a 15.21% yield that comfortably supports the 2.82 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $18,984. Five-year appreciation: $75,950. Equity from principal paydown: $2,532/yr. Total projected cumulative return: $206,946.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.2% | 8.2% |
| Monthly Cash Flow | $1,582 | $150 |
City averages based on Flint market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,485 |
| Total Monthly Debt Service | $1,793 |
| DSCR Ratio | 1.94x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1998
N/A lot
$N/A/sqft
$90 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1998
N/A lot
$N/A/sqft
$90 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices