3613 Sherry 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 3613 Sherry Dr, Flint, MI, 48506 with 5% annual appreciation on a $169,900 basis while $1,211/mo rent supports operations. Total monthly income totals $1,211/mo and a $832/mo payment preserves $90/mo for cash returns. Annual cash flow comes to $1,082/yr on $56,322 deployed, and return on cash invested reaches 21.83% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 8.55%. Five-year ROI measures 113.76% and total cumulative return in cash totals $64,070.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,211/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
5,227 sqft 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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Listed by: Layne Lucia • Lucia Properties
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50156338
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