513 Oakbrook CirFlushingMI48433
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 513 Oakbrook Cir, Flushing, MI, 48433 in Flushing is narrow, $136/mo net on $1,451/mo rent after the $674/mo debt service, but the property operates at break-even-plus, not a loss. At $149,900 with a 11.61% yield, the long-run equity case via 5% appreciation ($41,415 over five years) and $1,381/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.15 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $67,355.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 7.0% |
| Monthly Cash Flow | $136 | $800 |
City averages based on Flushing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,451 |
| Total Monthly Debt Service | $1,255 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1971
N/A lot
$N/A/sqft
$326 monthly 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
Nearby investment properties with comparable rents
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
Condo
Built in 1971
N/A lot
$N/A/sqft
$326 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices