New Community Block, Flint MI - Investment Data
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📊 How Does New Community Block Compare?
| Metric | New Community Block | Flint | Flint, MI | Michigan |
|---|---|---|---|---|
| Home Value | $47,458 | $47,458 | N/A | $253,279 |
| Avg Rent | $1,004 | $1,004 | N/A | - |
| 5-Year CAGR | 11.0% | 4.2% | N/A | 6.8% |
| Cap Rate | 0.1% | 0.1% | - | - |
New Community Block is a neighborhood in Flint, Michigan. This neighborhood spans 11 ZIP codes, offering investors a range of property types and price points. The current median home value in this neighborhood is $33,609, which has decreased by 2.4% over the past year. With average rents around $1,004/month and home values averaging $47,458, investors can evaluate potential cash flow opportunities in this market.
Home Value Trends
ZIP Codes in New Community Block
| ZIP | City | Home Value | Rent | Cap Rate | Rating | Vacancy | Match |
|---|---|---|---|---|---|---|---|
| 48503 | Flint | $70,494 | $948 | 0.1% | 15.9% | City match | |
| 48504 | Flint | $48,377 | $1,012 | 0.2% | 19.4% | City match | |
| 48505 | Flint | $30,621 | $913 | 0.2% | 32.8% | City match | |
| 48506 | Flint | $89,178 | $1,024 | 0.1% | 11.2% | City match | |
| 48507 | Flint | $111,488 | $1,076 | 0.1% | 9.6% | City match | |
| 48532 | Flint | $171,884 | $1,052 | 0.0% | 11.1% | City match | |
| 48480 | Flint | $0 | — | — | — | — | City match |
| 48501 | Flint | $0 | — | — | — | — | City match |
| 48502 | Flint | $0 | — | — | — | 36.9% | City match |
| 48531 | Flint | $0 | — | — | — | — | City match |
| 48550 | Flint | $0 | — | — | — | — | City match |
Other Neighborhoods in Flint
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