733 Vermilya Ave · Flint, MI 48507

$65,000

3 bd · 1.0 ba · 956 sqft · SingleFamily public records · 33 Days on market

Built 1950 4,356 sqft lot Est $66k · at est.

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +8.2/15.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Schools +1.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover the charm of 733 Vermilya Avenue, a delightful bungalow built in 1950, offering a unique blend of classic appeal and modern comfort. This single-family residence features a recently updated kitchen with new laminate flooring. The living room, hallway, and bedrooms feature beautifully refinished wood floors. The upstairs can serve as an additional very large bedroom. The yard offers an ideal setting for outdoor enjoyment and quiet moments, while the basement provides additional functional space. INVESTORS - this property is also being offered as part of a package with 5 other properties as follows: 1) 2618 Lester Ct - MLS #20261033179 2) 838 Clinton St - MLS #20261033188 3) 1426 Lincoln Ave - MLS #20261033513 4) 920 Huron St - MLS #20261033550 5) 1410 Indiana Ave - MLS #20261035473

Key facts

• Laminate flooring
• Outdoor enjoyment
• Updated kitchen

Tags

• UPDATED KITCHEN
• LAMINATE FLOORING
• REFINISHED WOOD FLOORS
• OUTDOOR ENJOYMENT
• FUNCTIONAL SPACE

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Two-story; Entry at ground level
• Construction: Wood siding; Block foundation; Asphalt roof; Built as residential single-family home
• Exterior features: Paved road access; 45 x 100 lot (approximately 0.1 acre)

Interior

• Bathrooms: One full bathroom
• Heating & cooling: Forced-air heating (natural gas); No central cooling
• Interior features: Five total rooms; Unfinished basement; Ground-level entry

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $276 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($973 rent vs $65k).
• Recommended offer: $63k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 74/100 on livability (#196 in MI, #4,946 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, crime F, employment F.
• Flint School District (urban): math 7% / reading 13% proficiency, ranked #714 of 760 in MI (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 83% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-1.0%/yr); 207 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 419 units permitted in Genesee County in 2024 (68 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Genesee County population projected at -27% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $18k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($63k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 19y ago; this cycle's ask has dropped $10k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $20k; list at $65k implies a 225% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $63,050 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.50% ✓
• Cap rate: 11.39%
• Cash-on-cash: 18.20%
• DSCR: 1.81
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $65,964
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3805 Brunswick Ave	0.26mi	3/1.0	921 (-4%)	4mo	$25,000	$27	79
934 Campbell St	0.32mi	3/1.0	924 (-3%)	1mo	$89,000	$96	78
825 Vermilya Ave	0.10mi	4/1.0 (+1)	1,020 (+7%)	3mo	$30,000	$29	77
1105 Lincoln Ave	0.39mi	2/1.0 (-1)	896 (-6%)	2mo	$38,000	$42	65
1514 Vermilya Ave	0.66mi	2/1.0 (-1)	952 (-0%)	0mo	$66,000	$69	63
1514 W Atherton Rd	0.69mi	3/1.0	925 (-3%)	2mo	$35,000	$38	61
1413 Waldman Ave	0.63mi	3/1.0	903 (-6%)	4mo	$99,900	$111	58
839 Barrie Ave	0.26mi	2/1.0 (-1)	816 (-15%)	3mo	$35,000	$43	56
612 Alvord Ave	0.41mi	3/1.0	1,082 (+13%)	4mo	$76,500	$71	55
2021 Brooks St	0.75mi	2/1.0 (-1)	987 (+3%)	3mo	$55,000	$56	52
912 Markham St	0.65mi	2/1.0 (-1)	1,020 (+7%)	4mo	$71,000	$70	50
1418 Blueberry Ln	0.70mi	3/1.0	1,045 (+9%)	4mo	$78,000	$75	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 6.2%
• Equity multiple: 1.23×
• Total profit: $4,242
• Equity at exit: $9,692

10-year hold

• IRR: 12.6%
• Equity multiple: 1.85×
• Total profit: $15,487
• Equity at exit: $5,620

Cash invested: $18,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48507

• Rents YoY: -1.0%
• Active inventory: 207
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $973 high
• Mortgage (P&I): −$341
• Tax from tax record: −$124 /mo · $1,491/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$204
• Net cashflow: $276

Break-even live

Break-even rent $623

Max offer price $65,000

Occupancy floor 67%

Sensitivity live

Price	-10% $313	-5% $294	+0% $276	+5% $258	+10% $239
Rent	-10% $199	-5% $238	+0% $276	+5% $314	+10% $353
Rate	-1.0pp $309	-0.5pp $293	base $276	+0.5pp $259	+1.0pp $242

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
813 Alvord Ave Flint, MI	2.0	1.0	724	$850	$1.17	14d	1	0.38mi
1023 Barrie Ave Flint, MI	2.0	1.0	660	$775	$1.17	22d	1	0.44mi
1426 Pettibone Ave Flint, MI	2.0	1.0	750	$900	$1.20	22d	1	0.65mi
4400 Kings Ln Burton, MI	1.0–2.0	1.0–2.0	666	$960	$1.44	14d	19	0.80mi
410 Lippincott Blvd Flint, MI	2.0	1.0	800	$695	$0.87	14d	1	1.07mi
3291 Glengary St Burton, MI	2.0	1.0	972	$1,075	$1.11	45d	1	1.46mi

Listing history 50 events

1. 2026-06-21
   days on market $65,000 Active 33 DOM
2. 2026-06-18
   days on market $65,000 Active 30 DOM
3. 2026-06-17
   days on market $65,000 Active 29 DOM
4. 2026-06-16
   days on market $65,000 Active 28 DOM
5. 2026-06-15
   days on market $65,000 Active 27 DOM
6. 2026-06-14
   days on market $65,000 Active 25 DOM
7. 2026-06-13
   pricedays on market $65,000 Active 24 DOM
8. 2026-06-10
   days on market $75,000 Active 22 DOM
9. 2026-06-09
   days on market $75,000 Active 21 DOM
10. 2026-06-08
    days on market $75,000 Active 20 DOM
11. 2026-06-07
    days on market $75,000 Active 19 DOM
12. 2026-06-05
    days on market $75,000 Active 16 DOM
13. 2026-06-03
    days on market $75,000 Active 15 DOM
14. 2026-06-02
    days on market $75,000 Active 14 DOM
15. 2026-06-01
    days on market $75,000 Active 13 DOM
16. 2026-05-31
    days on market $75,000 Active 12 DOM
17. 2026-05-30
    days on market $75,000 Active 11 DOM
18. 2026-05-19
    listed $75,000 Active 800-char remark

    Show marketing remark (800 chars)

    Discover the charm of 733 Vermilya Avenue, a delightful bungalow built in 1950, offering a unique blend of classic appeal and modern comfort. This single-family residence features a recently updated kitchen with new laminate flooring. The living room, hallway, and bedrooms feature beautifully refinished wood floors. The upstairs can serve as an additional very large bedroom. The yard offers an ideal setting for outdoor enjoyment and quiet moments, while the basement provides additional functional space. INVESTORS - this property is also being offered as part of a package with 5 other properties as follows: 1) 2618 Lester Ct - MLS #20261033179 2) 838 Clinton St - MLS #20261033188 3) 1426 Lincoln Ave - MLS #20261033513 4) 920 Huron St - MLS #20261033550 5) 1410 Indiana Ave - MLS #20261035473

19. 2026-05-19
    listed $75,000 Active

    Show marketing remark (800 chars)

    Discover the charm of 733 Vermilya Avenue, a delightful bungalow built in 1950, offering a unique blend of classic appeal and modern comfort. This single-family residence features a recently updated kitchen with new laminate flooring. The living room, hallway, and bedrooms feature beautifully refinished wood floors. The upstairs can serve as an additional very large bedroom. The yard offers an ideal setting for outdoor enjoyment and quiet moments, while the basement provides additional functional space. INVESTORS - this property is also being offered as part of a package with 5 other properties as follows: 1) 2618 Lester Ct - MLS #20261033179 2) 838 Clinton St - MLS #20261033188 3) 1426 Lincoln Ave - MLS #20261033513 4) 920 Huron St - MLS #20261033550 5) 1410 Indiana Ave - MLS #20261035473

20. 2018-09-07
    soldstatus $20,000 Sold 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

21. 2018-09-07
    soldstatus $20,000 Closed

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

22. 2018-08-20
    status Pending

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

23. 2018-08-20
    status Pending 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

24. 2018-08-07
    price $20,000

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

25. 2018-08-07
    price $20,000 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

26. 2018-08-03
    price $20,500

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

27. 2018-08-03
    price $20,500 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

28. 2018-07-30
    price $21,000

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

29. 2018-07-30
    price $21,000 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

30. 2018-07-25
    price $26,000
31. 2018-07-24
    price $26,000 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

32. 2018-07-15
    price $21,000
33. 2018-07-14
    price $21,000 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

34. 2018-07-11
    price $17,500
35. 2018-07-10
    price $17,500 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

36. 2018-07-10
    price $21,000

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

37. 2018-07-10
    price $21,000 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

38. 2018-06-22
    price $22,500
39. 2018-06-20
    price $22,500 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

40. 2018-06-06
    price $23,500
41. 2018-06-05
    price $23,500 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

42. 2018-06-05
    status Active

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

43. 2018-06-05
    status Active 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

44. 2018-05-29
    status Pending

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

45. 2018-05-29
    status Pending 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

46. 2018-05-24
    price $25,399

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

47. 2018-05-24
    price $25,399 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

48. 2018-05-06
    price $25,400
49. 2018-05-05
    price $25,400 444-char remark

    Show marketing remark (444 chars)

    Cape Cod located on Flint's South Side near Atherton & Grand Traverse. Nicely painted throughout and pretty hardwood floors. 3 Large bedrooms - 2 on the main floor. Ceramic tiled main bathroom. The kitchen has recent backsplash updates and comes with a microwave and is ceramic tiled too. Clean, well lit and painted semi-finished basement perfect for entertaining or additional storage. High security doors. Large yard with storage shed.

50. 2018-05-01
    historical

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,491 · $124/mo
• Projected year-2 tax: $1,491 · $124/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,670
• − Mortgage interest: −$3,641
• − Property taxes: −$1,491
• − Insurance: −$325
• − Repairs & maintenance: −$934
• − Management: −$934
• − Depreciation: −$1,891
• Taxable income: $2,455
• Est. tax owed @ 24.0%: −$589
• After-tax cash flow: $2,724/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Flint School District
• NCES district ID: 2614520
• Math proficiency: 7% ▬ 0.00%
• Reading proficiency: 13% ▲ 3.00%
• Median HH income: $25,954
• Composite: 10.97/100
• National rank: #14642
• State rank: #714 of 760 in MI

Livability — Flint

• Score: 74/100
• State rank: #196
• US rank: #4946

Category grades

Amenities A- Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Flint, MI
• County: Genesee County · 221,329 people
• City population: 93,814
• Metro: Flint, MI
• Population (ZIP): 28,723
• Household income: $46,554
• Rent vs Own: 42.2% rent · 57.8% own
• Severe rent burden: 1534.0

Population outlook (Genesee County) Hauer SSP2

• Today (2025): 381,312 people
• By 2030: 362,731 · -4.9%
• By 2040: 321,550 · -15.7%
• By 2050: 279,212 · -26.8%
• By 2075: 193,336 · -49.3%
• By 2100: 128,118 · -66.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 59% Black 28% Two or more races 10% Hispanic / Latino 5%
• Common ancestry: Lithuanian 4% Romanian 3% Slovak 2%
• Foreign-born: 1% · Canada
• Languages at home: 97% English-only · Spanish 1% Other Asian/Pacific 1%

Political lean MEDSL · Genesee

• 2024 margin: Toss-up / Even · D 51.4% · R 47.2% · Other 1.4%
• 2008→2024 swing: -28.3pp toward R · 2008: 32.5pp · 2024: 4.2pp
• All cycles: 2024: D+4.2 2020: D+9.3 2016: D+9.5 2012: D+28.2 2008: D+32.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -154.90%
• Current HPI: 132.3632
• Rent YoY: ▼ -1.04%
• Metro: Flint, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+737.7% since first listed

70 events — show timeline

• 2026-05-19 Listed $75,000 REALCOMP
• 2026-05-19 Listed $75,000 MiRealSource-MiMLS
• 2018-09-07 Sold (MLS) $20,000 MiRealSource-MiMLS
• 2018-09-07 Sold (MLS) $20,000 REALCOMP
• 2018-08-20 Pending — MiRealSource-MiMLS
• 2018-08-20 Pending — REALCOMP
• 2018-08-07 Price Changed $20,000 MiRealSource-MiMLS
• 2018-08-07 Price Changed $20,000 REALCOMP
• 2018-08-03 Price Changed $20,500 MiRealSource-MiMLS
• 2018-08-03 Price Changed $20,500 REALCOMP
• 2018-07-30 Price Changed $21,000 MiRealSource-MiMLS
• 2018-07-30 Price Changed $21,000 REALCOMP
• 2018-07-25 Price Changed $26,000 MiRealSource-MiMLS
• 2018-07-24 Price Changed $26,000 REALCOMP
• 2018-07-15 Price Changed $21,000 MiRealSource-MiMLS
• 2018-07-14 Price Changed $21,000 REALCOMP
• 2018-07-11 Price Changed $17,500 MiRealSource-MiMLS
• 2018-07-10 Price Changed $17,500 REALCOMP
• 2018-07-10 Price Changed $21,000 MiRealSource-MiMLS
• 2018-07-10 Price Changed $21,000 REALCOMP
• 2018-06-22 Price Changed $22,500 MiRealSource-MiMLS
• 2018-06-20 Price Changed $22,500 REALCOMP
• 2018-06-06 Price Changed $23,500 MiRealSource-MiMLS
• 2018-06-05 Price Changed $23,500 REALCOMP
• 2018-06-05 Relisted — MiRealSource-MiMLS
• 2018-06-05 Relisted — REALCOMP
• 2018-05-29 Pending — MiRealSource-MiMLS
• 2018-05-29 Pending — REALCOMP
• 2018-05-24 Price Changed $25,399 MiRealSource-MiMLS
• 2018-05-24 Price Changed $25,399 REALCOMP
• 2018-05-06 Price Changed $25,400 MiRealSource-MiMLS
• 2018-05-05 Price Changed $25,400 REALCOMP
• 2018-05-01 Listing Removed — MiRealSource-MiMLS
• 2018-05-01 Price Changed $26,400 MiRealSource-MiMLS
• 2018-04-30 Price Changed $26,400 REALCOMP
• 2018-04-18 Price Changed $26,896 MiRealSource-MiMLS
• 2018-04-18 Price Changed $26,896 MiRealSource-MiMLS
• 2018-04-17 Price Changed $26,896 REALCOMP
• 2018-04-10 Price Changed $26,897 MiRealSource-MiMLS
• 2018-04-10 Price Changed $26,897 MiRealSource-MiMLS
• 2018-04-09 Price Changed $26,897 REALCOMP
• 2018-04-03 Price Changed $26,898 MiRealSource-MiMLS
• 2018-04-03 Price Changed $26,898 REALCOMP
• 2018-03-22 Price Changed $26,899 MiRealSource-MiMLS
• 2018-03-22 Price Changed $26,899 MiRealSource-MiMLS
• 2018-03-21 Price Changed $26,899 REALCOMP
• 2018-03-14 Price Changed $24,899 MiRealSource-MiMLS
• 2018-03-11 Price Changed $23,899 MiRealSource-MiMLS
• 2018-03-11 Price Changed $23,899 REALCOMP
• 2018-02-08 Listing Removed — REALCOMP
• 2018-02-08 Price Changed $26,896 REALCOMP
• 2018-01-26 Listed $24,900 MiRealSource-MiMLS
• 2018-01-26 Listed $24,900 REALCOMP
• 2017-12-01 Price Changed $24,900 MiRealSource-MiMLS
• 2017-11-30 Price Changed $24,900 REALCOMP
• 2017-11-22 Listed $22,500 MiRealSource-MiMLS
• 2017-11-22 Listed $22,500 REALCOMP
• 2013-08-21 Sold (MLS) $13,500 MiRealSource-MiMLS
• 2013-08-21 Sold (MLS) $13,500 REALCOMP
• 2013-08-03 Listing Removed — MiRealSource-MiMLS
• 2013-08-03 Listing Removed — REALCOMP
• 2013-07-03 Listed $17,000 MiRealSource-MiMLS
• 2013-07-03 Listed $17,000 REALCOMP
• 2007-06-27 Sold (Public Records) $49,000 Public Records
• 2007-06-07 Sold (MLS) $49,000 REALCOMP
• 2007-06-07 Sold (MLS) $49,000 MiRealSource-MiMLS
• 2007-03-03 Listing Removed — MiRealSource-MiMLS
• 2007-01-05 Listed $49,900 REALCOMP
• 2007-01-05 Listed $49,900 MiRealSource-MiMLS
• 2002-09-24 Sold (Public Records) $8,953 Public Records

Property tax history

+4.7%/yr

Latest (2025): $1,491 · -5.2% YoY. Source: county tax records.