401 Elm StFlushingMI48433
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Nearby investment properties with comparable prices
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 Flushing at 401 Elm St, Flushing, MI, 48433 earns $576/mo cash flow from $1,433/mo rent with a $636/mo payment. Total monthly income totals $1,433/mo, and annual cash flow totals $6,914/yr on $43,062 capital. ROI tracks 35.96% on current figures, and rental yield reads 13.24% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 189.57% and total cumulative return in cash sums $81,631. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,433/mo property income instead of your personal income.
Single Family
Built in 1940
5,662 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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Nearby investment properties with comparable prices
Listed by: Lucy Ham • Ham Group Realty
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50161035
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