Investment metrics, interactive calculators, and data-driven analysis for Flint rental properties.
Pre-filled with Flint medians. Adjust to match a specific property.
Factor in financing to see your actual return on invested capital in Flint.
Flint, MI has a population of 97,000 and has been growing at -0.5% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $85,000 paired with median rents of $720/mo produces an estimated cap rate of 7.01%.
Property taxes at 1.52% are notably high and represent a significant drag on cash flow — model this expense carefully, as it can make or break a deal. The vacancy rate of 8.2% runs above average, which increases cash flow volatility and warrants conservative underwriting.
At a price-to-income ratio of 2.8x, homes cost about 2.8 times the local median income of $30,200. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 1.5% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.
Bottom line: Flint offers attractive fundamentals for rental investors. and cap rates above 6% put it in the upper tier of investable markets.