2913 Martin Luther King AveFlintMI48505
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
Investment Highlights
Investment property for sale in Flint at 2913 Martin Luther King Ave, Flint, MI, 48505 earns $360/mo cash flow from $1,184/mo rent with a $612/mo payment. Total monthly income totals $1,184/mo, and annual cash flow totals $4,314/yr on $41,438 capital. ROI tracks 30.32% on current figures, and rental yield reads 11.37% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 159.26% and total cumulative return in cash sums $65,993. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,184/mo property income instead of your personal income.
Single Family
Built in 1928
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48505, Flint, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,177 (100%) |
| Owner Occupied HU | 4,353 (47.4%) |
| Renter Occupied HU | 2,843 (31.0%) |
| Vacant Housing Units | 1,981 (21.6%) |
| Median Home Value | $33,246 |
| Average Home Value | $91,591 |
Housing Distribution
Address Breakdown
Residential
7,162
Single Family
7,034
Multi-Family
128
Businesses
408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices