6098 Corunna RdFlintMI48532
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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 6098 Corunna Rd, Flint, MI, 48532 generates $1,470/mo in rent and, after a $978/mo payment, leaves $152/mo in cash flow. Total monthly income is $1,470/mo, and annual cash flow is $1,826/yr on $66,267 invested. Return on cash invested sits at 22.66% in year one, and rental yield is 8.82% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 118.21% and total cumulative return in cash sums $78,337. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,470/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48532, Flint, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,002 (100%) |
| Owner Occupied HU | 4,907 (54.5%) |
| Renter Occupied HU | 3,468 (38.5%) |
| Vacant Housing Units | 627 ( 7.0%) |
| Median Home Value | $174,887 |
| Average Home Value | $221,176 |
Housing Distribution
Address Breakdown
Residential
8,469
Single Family
7,028
Multi-Family
1,441
Businesses
947
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