3842 Risedorph AveFlintMI48506
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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 3842 Risedorph Ave, Flint, MI, 48506 priced at $100,000 converts $1,207/mo rent into $548/mo cash flow after a $489/mo obligation. Total monthly income equals $1,207/mo, and annual cash flow totals $6,576/yr on $33,150 invested. Return on cash invested prints 39.75% in year one, and rental yield reads 14.48% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 209.71% and total cumulative return in cash sums $69,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,207/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1955
6,098 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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