213 Chandler StFlintMI48503
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 213 Chandler St, Flint, MI, 48503 in Flint hard to pass up. The 20.03% gross yield on a $118,900 purchase results in $1,985/mo in rent and $1,201/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.71). Annual cash flow of $14,409, five-year appreciation of $32,850, and $1,095/yr in equity build-up combine for a projected total cumulative return of $122,552.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20% | 8.2% |
| Monthly Cash Flow | $1,201 | $150 |
City averages based on Flint market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,985 |
| Total Monthly Debt Service | $737 |
| DSCR Ratio | 2.69x |
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.
Single Family
Built in 1952
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48503, Flint, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,636 (100%) |
| Owner Occupied HU | 5,313 (45.7%) |
| Renter Occupied HU | 4,356 (37.4%) |
| Vacant Housing Units | 1,967 (16.9%) |
| Median Home Value | $73,818 |
| Average Home Value | $126,130 |
Housing Distribution
Address Breakdown
Residential
9,902
Single Family
8,462
Multi-Family
1,440
Businesses
503
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
Single Family
Built in 1952
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48503, Flint, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,636 (100%) |
| Owner Occupied HU | 5,313 (45.7%) |
| Renter Occupied HU | 4,356 (37.4%) |
| Vacant Housing Units | 1,967 (16.9%) |
| Median Home Value | $73,818 |
| Average Home Value | $126,130 |
Housing Distribution
Address Breakdown
Residential
9,902
Single Family
8,462
Multi-Family
1,440
Businesses
503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices