199 Blue Spruce Ln #199FlintMI48506
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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 199 Blue Spruce Ln #199, Flint, MI, 48506 earns $506/mo cash flow from $1,259/mo rent with a $559/mo payment. Total monthly income totals $1,259/mo, and annual cash flow totals $6,070/yr on $37,857 capital. ROI tracks 35.94% on current figures, and rental yield reads 13.23% at a $114,200 purchase. Equity gained on principal adds $737/yr, and 5% annual appreciation supports $31,551 over five years. Five-year ROI reaches 189.39% and total cumulative return in cash sums $71,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,259/mo property income instead of your personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48506, Flint, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,408 (100%) |
| Owner Occupied HU | 7,244 (63.5%) |
| Renter Occupied HU | 2,972 (26.1%) |
| Vacant Housing Units | 1,192 (10.4%) |
| Median Home Value | $102,875 |
| Average Home Value | $144,651 |
Housing Distribution
Address Breakdown
Residential
10,359
Single Family
8,854
Multi-Family
1,505
Businesses
408
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