819 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
Rental property for sale in Flint at 819 East St, Flint, MI, 48503 priced at $120,000 pairs $1,319/mo rent with $528/mo cash flow after a $587/mo payment. Total monthly income equals $1,319/mo, and annual cash flow comes to $6,336/yr on $39,780 invested. Return on cash invested is 35.84% in year one, and rental yield stands at 13.19% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 188.77% and total cumulative return in cash reaches $75,091. For financing, Ziffy Mortgage’s DSCR program evaluates $1,319/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1895
7,840 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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Listed by: Nadeem Gebrael • Gebrael Management
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50124702
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