317 W Witherbee StFlintMI48503
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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 Flint at 317 W Witherbee St, Flint, MI, 48503 priced at $129,000 converts $1,123/mo rent into $273/mo cash flow after a $631/mo obligation. Total monthly income equals $1,123/mo, and annual cash flow totals $3,272/yr on $42,764 invested. Return on cash invested prints 27.56% in year one, and rental yield reads 10.45% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 144.43% and total cumulative return in cash sums $61,765. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,123/mo property income covering a $631/mo payment, not borrower’s personal income.
Single Family
Built in 1932
4,356 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
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