1724 Ohio Ave · Flint, MI 48506

$34,500

2 bd · 1.0 ba · 768 sqft · SingleFamily public records · 98 Days on market

Built 1919 4,356 sqft lot Est $29k · 18% over ↓ 12% since listing

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Why this score? — see what drove the C 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
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor Special! Don't miss this 2-bedroom, 1-bath home with new roof and mechanicals, ready to be your next investment property. This home offers great potential and is perfect for a rental property or first-time home buyers looking to build equity. A great opportunity with plenty of possibilities! Land contract available for more info call agent. Measurements are estimated. BATVAI

Key facts

• 4,356 sq ft lot
• Built 1919
• Listed 98 days

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer; Utilities: water and sewer available
• Home design: Single-family residence; One story; Ground-level entry with steps; Aluminum siding exterior
• Construction: Block foundation
• Exterior features: Paved road access; Lot approximately 0.1 acres (40 x 105)

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); No central cooling
• Interior features: Unfinished basement; Total of 5 rooms

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $34k.

Deal economics

• At list price, monthly cash flow is $435 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($912 rent vs $34k).
• Recommended offer: $31k (9.0% below list) — sets the bar for market timing.
• Cap rate 21.4% vs local median 11.5% in Flint — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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: 202 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 $239 of loan paydown is wiped out by about $1k 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 + 3.0% rent growth), your $10k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 98 days — a 9% lower offer ($31k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $10k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price; built in 1919 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $31,395 (9.0% below list)

Questions for the listing agent

1. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1919 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 2.64% ✓
• Cap rate: 21.44%
• Cash-on-cash: 54.09%
• DSCR: 3.41
• GRM: 3.2

CMA / ARV

• ARV (on-the-fly): $29,184
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1612 Iowa Ave	0.19mi	3/1.0 (+1)	770 (+0%)	7mo	$42,000	$55	80
1644 Pennsylvania Ave	0.10mi	2/1.0	839 (+9%)	6mo	$43,000	$51	74
2422 Missouri Ave	0.41mi	2/1.0	773 (+1%)	10mo	$31,000	$40	71
2613 Pennsylvania Ave	0.50mi	2/1.0	745 (-3%)	3mo	$16,000	$21	69
1734 Missouri Ave	0.10mi	2/1.0	660 (-14%)	4mo	$30,000	$45	69
2609 Pennsylvania Ave	0.50mi	2/1.0	745 (-3%)	8mo	$28,000	$38	65
1710 Indiana Ave	0.15mi	3/1.0 (+1)	840 (+9%)	10mo	$7,000	$8	64
2401 Kansas Ave	0.43mi	3/1.0 (+1)	744 (-3%)	10mo	$6,500	$9	61
1818 Kansas Ave	0.26mi	2/1.5	858 (+12%)	9mo	$14,000	$16	58
2510 Bennett Ave	0.58mi	2/1.0	700 (-9%)	5mo	$8,500	$12	54
2209 Kansas Ave	0.37mi	2/1.0	864 (+12%)	12mo	$19,900	$23	52
1622 New York Ave	0.62mi	3/1.0 (+1)	839 (+9%)	6mo	$34,500	$41	46

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 52.3%
• Equity multiple: 3.30×
• Total profit: $22,185
• Equity at exit: $5,144

10-year hold

• IRR: 57.6%
• Equity multiple: 6.71×
• Total profit: $55,200
• Equity at exit: $2,983

Cash invested: $9,660 (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 48506

• Active inventory: 202
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $912 high
• Mortgage (P&I): −$181
• Tax from tax record: −$89 /mo · $1,073/yr
• Insurance: −$14
• HOA: −$0
• Vacancy / Maint / Mgmt: −$191
• Net cashflow: $435

Break-even live

Break-even rent $360

Max offer price $34,500

Occupancy floor 47%

Sensitivity live

Price	-10% $455	-5% $445	+0% $435	+5% $426	+10% $416
Rent	-10% $363	-5% $399	+0% $435	+5% $471	+10% $507
Rate	-1.0pp $453	-0.5pp $444	base $435	+0.5pp $426	+1.0pp $417

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: $8,625
• Closing costs: $1,035
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1605 Kearsley Park Blvd Flint, MI	2.0	1.0	875	$975	$1.11	14d	1	0.15mi
1553 Illinois Ave Flint, MI	2.0	1.0	702	$900	$1.28	22d	1	0.21mi
2621 Churchill Ave Flint, MI	2.0	1.0	736	$795	$1.08	14d	1	0.59mi
501 S Meade St Flint, MI	2.0	1.0	850	$695	$0.82	14d	1	0.80mi
2311 N Averill Ave Unit Main Flint, MI	3.0	1.0	950	$1,200	$1.26	14d	1	1.18mi
3618 Branch Rd Flint, MI	2.0	1.0	950	$950	$1.00	14d	1	1.49mi

Listing history 28 events

1. 2026-06-18
   days on market $34,500 Active 98 DOM
2. 2026-06-17
   days on market $34,500 Active 97 DOM
3. 2026-06-16
   days on market $34,500 Active 96 DOM
4. 2026-06-15
   price $34,500 Active 95 DOM
5. 2026-06-15
   days on market $35,000 Active 95 DOM
6. 2026-06-14
   days on market $35,000 Active 93 DOM
7. 2026-06-13
   days on market $35,000 Active 92 DOM
8. 2026-06-10
   days on market $35,000 Active 90 DOM
9. 2026-06-09
   days on market $35,000 Active 89 DOM
10. 2026-06-08
    days on market $35,000 Active 88 DOM
11. 2026-06-07
    days on market $35,000 Active 87 DOM
12. 2026-06-05
    days on market $35,000 Active 84 DOM
13. 2026-06-03
    days on market $35,000 Active 83 DOM
14. 2026-06-02
    days on market $35,000 Active 82 DOM
15. 2026-06-01
    days on market $35,000 Active 81 DOM
16. 2026-05-31
    days on market $35,000 Active 80 DOM
17. 2026-05-30
    days on market $35,000 Active 79 DOM
18. 2026-05-09
    price $38,500 386-char remark

    Show marketing remark (386 chars)

    Investor Special! Don't miss this 2-bedroom, 1-bath home with new roof and mechanicals, ready to be your next investment property. This home offers great potential and is perfect for a rental property or first-time home buyers looking to build equity. A great opportunity with plenty of possibilities! Land contract available for more info call agent. Measurements are estimated. BATVAI

19. 2026-05-08
    price $38,500
20. 2026-05-05
    price $39,000 386-char remark

    Show marketing remark (386 chars)

    Investor Special! Don't miss this 2-bedroom, 1-bath home with new roof and mechanicals, ready to be your next investment property. This home offers great potential and is perfect for a rental property or first-time home buyers looking to build equity. A great opportunity with plenty of possibilities! Land contract available for more info call agent. Measurements are estimated. BATVAI

21. 2026-05-05
    price $39,000

    Show marketing remark (386 chars)

    Investor Special! Don't miss this 2-bedroom, 1-bath home with new roof and mechanicals, ready to be your next investment property. This home offers great potential and is perfect for a rental property or first-time home buyers looking to build equity. A great opportunity with plenty of possibilities! Land contract available for more info call agent. Measurements are estimated. BATVAI

22. 2026-04-21
    price $40,000 386-char remark

    Show marketing remark (386 chars)

    Investor Special! Don't miss this 2-bedroom, 1-bath home with new roof and mechanicals, ready to be your next investment property. This home offers great potential and is perfect for a rental property or first-time home buyers looking to build equity. A great opportunity with plenty of possibilities! Land contract available for more info call agent. Measurements are estimated. BATVAI

23. 2026-04-20
    price $40,000
24. 2026-04-07
    price $43,000 386-char remark

    Show marketing remark (386 chars)

    Investor Special! Don't miss this 2-bedroom, 1-bath home with new roof and mechanicals, ready to be your next investment property. This home offers great potential and is perfect for a rental property or first-time home buyers looking to build equity. A great opportunity with plenty of possibilities! Land contract available for more info call agent. Measurements are estimated. BATVAI

25. 2026-04-07
    price $43,000

    Show marketing remark (386 chars)

    Investor Special! Don't miss this 2-bedroom, 1-bath home with new roof and mechanicals, ready to be your next investment property. This home offers great potential and is perfect for a rental property or first-time home buyers looking to build equity. A great opportunity with plenty of possibilities! Land contract available for more info call agent. Measurements are estimated. BATVAI

26. 2026-03-13
    listed $44,000 Active 386-char remark

    Show marketing remark (386 chars)

    Investor Special! Don't miss this 2-bedroom, 1-bath home with new roof and mechanicals, ready to be your next investment property. This home offers great potential and is perfect for a rental property or first-time home buyers looking to build equity. A great opportunity with plenty of possibilities! Land contract available for more info call agent. Measurements are estimated. BATVAI

27. 2026-03-13
    listed $44,000 Active

    Show marketing remark (386 chars)

    Investor Special! Don't miss this 2-bedroom, 1-bath home with new roof and mechanicals, ready to be your next investment property. This home offers great potential and is perfect for a rental property or first-time home buyers looking to build equity. A great opportunity with plenty of possibilities! Land contract available for more info call agent. Measurements are estimated. BATVAI

28. 2026-03-13
    historical $44,000 386-char remark

    Show marketing remark (386 chars)

    Investor Special! Don't miss this 2-bedroom, 1-bath home with new roof and mechanicals, ready to be your next investment property. This home offers great potential and is perfect for a rental property or first-time home buyers looking to build equity. A great opportunity with plenty of possibilities! Land contract available for more info call agent. Measurements are estimated. BATVAI

ⓘ 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: $1,073 · $89/mo
• Projected year-2 tax: $1,073 · $89/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 ≥96°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: $10,939
• − Mortgage interest: −$1,933
• − Property taxes: −$1,073
• − Insurance: −$172
• − Repairs & maintenance: −$875
• − Management: −$875
• − Depreciation: −$1,004
• Taxable income: $5,007
• Est. tax owed @ 24.0%: −$1,202
• After-tax cash flow: $4,024/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): 24,712
• Household income: $47,929
• Rent vs Own: 31.4% rent · 68.6% own
• Severe rent burden: 954.0

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: Predominantly White (76%)
• Race & ethnicity: White 76% Black 9% Hispanic / Latino 8% Two or more races 7%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Lithuanian 6% Romanian 4% Slovak 3%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -173.31%
• Current HPI: 90.0494
• Rent YoY: —
• 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

-12.5% since first listed

11 events — show timeline

• 2026-05-09 Price Changed $38,500 MiRealSource-MiMLS
• 2026-05-08 Price Changed $38,500 REALCOMP
• 2026-05-05 Price Changed $39,000 MiRealSource-MiMLS
• 2026-05-05 Price Changed $39,000 REALCOMP
• 2026-04-21 Price Changed $40,000 MiRealSource-MiMLS
• 2026-04-20 Price Changed $40,000 REALCOMP
• 2026-04-07 Price Changed $43,000 MiRealSource-MiMLS
• 2026-04-07 Price Changed $43,000 REALCOMP
• 2026-03-13 Listed $44,000 MiRealSource-MiMLS
• 2026-03-13 Listed $44,000 REALCOMP
• 2026-03-13 Coming Soon $44,000 MiRealSource-MiMLS

Property tax history

+6.4%/yr

Latest (2025): $1,073 · +1.4% YoY. Source: county tax records.