124 Borland AveSaginawMI48602
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Saginaw at 124 Borland Ave, Saginaw, MI, 48602 priced at $154,900 pairs $1,502/mo rent with $481/mo cash flow after a $758/mo payment. Total monthly income equals $1,502/mo, and annual cash flow comes to $5,768/yr on $51,349 invested. Return on cash invested is 31.14% in year one, and rental yield stands at 11.64% on a $154,900 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,796 by year five. Five-year ROI measures 163.65% and total cumulative return in cash reaches $84,032. For financing, Ziffy Mortgage’s DSCR program evaluates $1,502/mo property income against a $758/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48602, Saginaw, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,574 (100%) |
| Owner Occupied HU | 7,156 (56.9%) |
| Renter Occupied HU | 4,155 (33.0%) |
| Vacant Housing Units | 1,263 (10.0%) |
| Median Home Value | $67,882 |
| Average Home Value | $111,072 |
Housing Distribution
Address Breakdown
Residential
11,736
Single Family
11,179
Multi-Family
557
Businesses
693
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