3430 Blue Lake DrFlintMI48506
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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 3430 Blue Lake Dr, Flint, MI, 48506 offers a 8.77% rental yield on a $209,900 purchase with $1,534/mo rent. Total monthly income registers $1,534/mo, and a $1,027/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,802/yr on $69,582 to close, and return on cash invested stands at 22.5% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 117.32% and total cumulative return in cash at $81,632. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,534/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.41 Acres 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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