1526 Arizona Ave · Flint, MI
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.24%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 2/10 · Minimal
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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 +15.0/30.0
- ARV discount +7.5/15.0
- 1% rule +5.0/10.0
- DSCR +5.0/10.0
- Livability +3.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.1/10.0
- Appreciation +0.0/10.0
$8,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Opportunity knocks at 1526 Arizona Ave! This property is a true investor special and ready for a full renovation. With solid bones and a functional layout, this home offers tremendous upside for the savvy investor, flipper, or buy-and-hold landlord looking to add value through rehab. Situated on a quiet residential street, the property offers the kind of footprint that makes renovations worthwhile. Once restored, this home has the potential to be a strong rental performer or profitable resale in a steadily improving area of Flint. Bring your vision and contractor - this is a blank canvas ready to be transformed. Priced with condition in mind, this is the type of project investors are always searching for.
Key facts
- Blank canvas
- Full renovation
- Functional layout
Tags
Property features AI
Finance
- Other: Property type: Residential, single family
- Financial info: No additional financial details provided
- HOA & community: No HOA details provided
Exterior
- Parking: No garage
- Security: No security details provided
- Utilities: Public water; Sewer available; Water available
- Home design: Single-family residence; One story
- Construction: Aluminum siding; Slab foundation; Built area above grade: 700 square feet
- Exterior features: Paved road access; Lot approximately 0.1 acre (40 x 110); Ground-level entry with steps
Interior
- Kitchen: No kitchen appliance details provided
- Bedrooms: No bedroom count provided
- Flooring: No flooring details provided
- Bathrooms: One full bathroom
- Heating & cooling: Forced air heating; Natural gas heating; No cooling
- Interior features: Two total rooms
- Laundry & utility: No laundry details provided
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $8k.
Deal economics
- At list price, monthly cash flow is $593 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($820 rent vs $8k).
- Recommended offer: $7k (12.0% below list) — sets the bar for market timing.
- Cap rate 95.2% 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; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 14d 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 $55 of loan paydown is wiped out by about $240 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 $2k cash investment doubles in ~1 year — after that, you're playing with house money.
Negotiation context
- It's been on market 136 days — a 12% lower offer ($7k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask has dropped $7k (47%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 136 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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.
- 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.
- 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
- 10.25% ✓
- Cap rate
- 95.20%
- Cash-on-cash
- 317.54%
- DSCR
- 15.13
- GRM
- 0.8
CMA / ARV
- ARV (on-the-fly)
- $21,545
- Comps found
- 4
Show comp detail 4 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1526 Wyoming Ave | 0.06mi | 3/1.0 (+1) | 728 (+5%) | 14mo | $8,000 | $11 | 73 |
| 1805 Arizona Ave | 0.27mi | 2/1.0 | 760 (+9%) | 12mo | $23,000 | $30 | 62 |
| 2426 Maryland Ave | 0.74mi | 2/1.0 | 712 (+2%) | 2mo | $36,000 | $51 | 59 |
| 1421 Jane Ave | 0.59mi | 3/1.0 (+1) | 768 (+10%) | 14mo | $24,000 | $31 | 38 |
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
- IRR
- —
- Equity multiple
- 17.28×
- Total profit
- $36,468
- Equity at exit
- $1,193
- IRR
- —
- Equity multiple
- 36.90×
- Total profit
- $80,417
- Equity at exit
- $692
Cash invested: $2,240 (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
ZIP-level market 48506
- Active inventory
- 202
- Price-to-rent
- 0.8×
Monthly cashflow live
- Estimated rent
- $820 medium interval (Pro) →
- Mortgage (P&I)
- −$42
- Tax est. 1.5%
- −$10 /mo · $120/yr
- Insurance
- −$3
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$172
- Net cashflow
- $593
Break-even live
Sensitivity live
| Price | -10% $598 | -5% $595 | +0% $593 | +5% $590 | +10% $587 |
|---|---|---|---|---|---|
| Rent | -10% $528 | -5% $560 | +0% $593 | +5% $625 | +10% $658 |
| Rate | -1.0pp $597 | -0.5pp $595 | base $593 | +0.5pp $591 | +1.0pp $589 |
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
- $2,000
- Closing costs
- $240
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 3 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3202 Western Rd Flint, MI | 1.0 | 1.0 | 500 | $645 | $1.29 | 14d | 1 | 0.89mi |
| 1553 Illinois Ave Flint, MI | 2.0 | 1.0 | 702 | $900 | $1.28 | 21d | 1 | 0.99mi |
| 2621 Churchill Ave Flint, MI | 2.0 | 1.0 | 736 | $795 | $1.08 | 14d | 1 | 1.14mi |
Listing history 23 events
-
2026-06-18days on market $8,000 Active 136 DOM
-
2026-06-17days on market $8,000 Active 135 DOM
-
2026-06-16days on market $8,000 Active 134 DOM
-
2026-06-15days on market $8,000 Active 133 DOM
-
2026-06-14days on market $8,000 Active 131 DOM
-
2026-06-13days on market $8,000 Active 130 DOM
-
2026-06-10days on market $8,000 Active 128 DOM
-
2026-06-09days on market $8,000 Active 127 DOM
-
2026-06-08days on market $8,000 Active 126 DOM
-
2026-06-07days on market $8,000 Active 125 DOM
-
2026-06-05days on market $8,000 Active 122 DOM
-
2026-06-03days on market $8,000 Active 121 DOM
-
2026-06-02days on market $8,000 Active 120 DOM
-
2026-06-01days on market $8,000 Active 119 DOM
-
2026-05-31days on market $8,000 Active 118 DOM
-
2026-05-30days on market $8,000 Active 117 DOM
-
2026-03-18status Active
-
2026-03-17historical
-
2026-03-02price $10,000 714-char remark
Show marketing remark (714 chars)
Opportunity knocks at 1526 Arizona Ave! This property is a true investor special and ready for a full renovation. With solid bones and a functional layout, this home offers tremendous upside for the savvy investor, flipper, or buy-and-hold landlord looking to add value through rehab. Situated on a quiet residential street, the property offers the kind of footprint that makes renovations worthwhile. Once restored, this home has the potential to be a strong rental performer or profitable resale in a steadily improving area of Flint. Bring your vision and contractor - this is a blank canvas ready to be transformed. Priced with condition in mind, this is the type of project investors are always searching for.
-
2026-03-01price $10,000
-
2026-02-02$15,000 Active
Show marketing remark (714 chars)
Opportunity knocks at 1526 Arizona Ave! This property is a true investor special and ready for a full renovation. With solid bones and a functional layout, this home offers tremendous upside for the savvy investor, flipper, or buy-and-hold landlord looking to add value through rehab. Situated on a quiet residential street, the property offers the kind of footprint that makes renovations worthwhile. Once restored, this home has the potential to be a strong rental performer or profitable resale in a steadily improving area of Flint. Bring your vision and contractor - this is a blank canvas ready to be transformed. Priced with condition in mind, this is the type of project investors are always searching for.
-
2026-02-02$15,000 Active 714-char remark
Show marketing remark (714 chars)
Opportunity knocks at 1526 Arizona Ave! This property is a true investor special and ready for a full renovation. With solid bones and a functional layout, this home offers tremendous upside for the savvy investor, flipper, or buy-and-hold landlord looking to add value through rehab. Situated on a quiet residential street, the property offers the kind of footprint that makes renovations worthwhile. Once restored, this home has the potential to be a strong rental performer or profitable resale in a steadily improving area of Flint. Bring your vision and contractor - this is a blank canvas ready to be transformed. Priced with condition in mind, this is the type of project investors are always searching for.
-
2003-07-29soldstatus $11,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 4/10 Moderate FEMA zone X (unshaded) · 24% 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $9,843
- − Mortgage interest
- −$448
- − Property taxes
- −$120
- − Insurance
- −$40
- − Repairs & maintenance
- −$787
- − Management
- −$787
- − Depreciation
- −$233
- Taxable income
- $7,428
- Est. tax owed @ 24.0%
- −$1,783
- After-tax cash flow
- $5,330/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
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
- 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 |
|
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
-9.1% since first listed7 events — show timeline
- 2026-03-18 Relisted — REALCOMP
- 2026-03-17 Listing Removed — REALCOMP
- 2026-03-02 Price Changed $10,000 MiRealSource-MiMLS
- 2026-03-01 Price Changed $10,000 REALCOMP
- 2026-02-02 Listed $15,000 REALCOMP
- 2026-02-02 Listed $15,000 MiRealSource-MiMLS
- 2003-07-29 Sold (Public Records) $11,000 Public Records
Property tax history
-4.0%/yrLatest (2025): $903 · +10.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…