1651 Passolt St,Saginaw,MI,48638

Investment Highlights

Investment property for sale in Saginaw at 1651 Passolt St, Saginaw, MI, 48638 offers a 15.33% rental yield on a $118,000 purchase with $1,507/mo rent. Total monthly income registers $1,507/mo, and a $578/mo payment leaves $728/mo available for distribution. Annual cash flow reaches $8,741/yr on $39,117 to close, and return on cash invested stands at 42.25% in year one. Equity gained on principal adds $761/yr while 5% annual appreciation supports $32,601 over five years. Portfolio math shows five-year ROI at 223.28% and total cumulative return in cash at $87,339. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,507/mo property income against a $578/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.