131 Borland AveSaginawMI48602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 131 Borland Ave, Saginaw, MI, 48602 priced at $179,900 converts $1,494/mo rent into $307/mo cash flow after a $881/mo obligation. Total monthly income equals $1,494/mo, and annual cash flow totals $3,686/yr on $59,637 invested. Return on cash invested prints 26.09% in year one, and rental yield reads 9.97% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 136.56% and total cumulative return in cash sums $81,441. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,494/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1939
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices