601 Greenfield AveFlintMI48503
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
Investment Highlights
Investment property for sale in Flint at 601 Greenfield Ave, Flint, MI, 48503 at $139,900 posts ROI 25.71% with $224/mo cash flow from $1,147/mo rent. Total monthly income equals $1,147/mo, and annual cash flow records $2,690/yr on $46,377 to close. Return on cash invested measures 25.71% and rental yield reads 9.84% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 134.58% and total cumulative return in cash totals $62,415.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,147/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48503, Flint, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,636 (100%) |
| Owner Occupied HU | 5,313 (45.7%) |
| Renter Occupied HU | 4,356 (37.4%) |
| Vacant Housing Units | 1,967 (16.9%) |
| Median Home Value | $73,818 |
| Average Home Value | $126,130 |
Housing Distribution
Address Breakdown
Residential
9,902
Single Family
8,462
Multi-Family
1,440
Businesses
503
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Nearby investment properties with comparable prices
Listed by: John Good • REMAX Edge
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50176031
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