303 Chestnut StFlushingMI48433
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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
Rental property for sale in Flushing at 303 Chestnut St, Flushing, MI, 48433 generates $1,559/mo in rent and, after a $538/mo payment, leaves $834/mo in cash flow. Total monthly income is $1,559/mo, and annual cash flow is $10,010/yr on $36,432 invested. Return on cash invested sits at 47.39% in year one, and rental yield is 17.02% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 250.84% and total cumulative return in cash sums $91,384. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,559/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48433, Flushing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,185 (100%) |
| Owner Occupied HU | 9,088 (81.3%) |
| Renter Occupied HU | 1,653 (14.8%) |
| Vacant Housing Units | 444 ( 4.0%) |
| Median Home Value | $229,089 |
| Average Home Value | $251,208 |
Housing Distribution
Address Breakdown
Residential
11,097
Single Family
10,558
Multi-Family
539
Businesses
539
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