927 Blanchard AveFlintMI48503
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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
Investment property for sale in Flint at 927 Blanchard Ave, Flint, MI, 48503 uses $76,245 cash to close to unlock $2,436/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $1,720/mo, and a $1,126/mo payment keeps the spread at $203/mo. Purchase price stands at $230,000, and rental yield measures 8.97% with $1,720/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 120.5% and total cumulative return in cash records $91,879. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,720/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1928
6,098 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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