607 East StFlintMI48503
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 607 East St, Flint, MI, 48503 at $190,000 posts ROI 30.71% with $567/mo cash flow from $1,820/mo rent. Total monthly income equals $1,820/mo, and annual cash flow records $6,804/yr on $62,985 to close. Return on cash invested measures 30.71% and rental yield reads 11.49% at the current $190,000. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 by year five. Five-year ROI prints 161.3% and total cumulative return in cash totals $101,592.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,820/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1891
9,583 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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