163 Canterbury CtSaginawMI48638
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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
Investment property for sale in Saginaw at 163 Canterbury Ct, Saginaw, MI, 48638 listed at $314,900 pairs $4,837/mo rent with a $1,541/mo payment to leave $2,361/mo cash flow. Total monthly income runs $4,837/mo, and annual cash flow reaches $28,328/yr on $104,389 cash to close. Return on cash invested measures 47.05% in year one, and rental yield registers 18.43% at a $314,900 basis. Equity gained on principal adds $2,032/yr, and annual property appreciation at 5% supports $87,001 by year five. Five-year ROI tracks 250.58% and total cumulative return in cash totals $261,574. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,837/mo property income relative to a $1,541/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2000
N/A lot
$N/A/sqft
$1,200 quarterly HOA
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Listed by: Vicki White • White Realty
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50123310
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