Flint, MI — Rental Investment Analysis
🟢STRONG— excellent cash flow marketCap Rate
13.3%
Above average
Monthly Cash Flow
+$490
After all expenses
Price-to-Rent
5.5
Investor-friendly
DSCR
2.08
Passes lender test
📊 Key Metrics
- Median Home Price
- $85,491
- Average Rent (3BR)
- $1,270/mo
- Price-to-Rent Ratio
- 5.5(good)
- 1% Rule
- 1.52%(passes)
- Cash-on-Cash Return
- 29.9%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →📈 Population Movement (Tax Year 2021→2022)
Net Migration
-334 households
SHRINKING
Total Inflow
158,906
households moved in
Avg Income (New Residents)
$66,222
per household
Where they're coming from:
1.Genesee Non-migrants, MI156,965 households · avg $66,387
2.Livingston, MI499 households · avg $64,719
3.Lapeer, MI469 households · avg $45,471
4.Ingham, MI118 households · avg $58,890
5.Kent, MI106 households · avg $45,991
Where residents are leaving to:
1.Genesee Non-migrants, MI156,965 households
2.Livingston, MI476 households
3.Lapeer, MI432 households
4.Ingham, MI198 households
5.Kent, MI149 households
💡 Net outflow may indicate weakening demand — but can mean lower prices and higher cap rates.