2091 N Thomas RdSaginawMI48609
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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 2091 N Thomas Rd, Saginaw, MI, 48609 priced at $1,082,600 converts $4,085/mo rent into after a $5,299/mo obligation. Total monthly income equals $4,085/mo. Return on cash invested prints 9.92% in year one, and rental yield reads 4.53% against a $1,082,600 entry. Equity gained on principal adds $6,986/yr, while 5% annual appreciation compiles into $299,102 by year five. Five-year ROI reaches 49.73% and total cumulative return in cash sums $174,425. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,085/mo property income covering a $5,299/mo payment, not borrower’s personal income.
Single Family
Built in 1994
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48609, Saginaw, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,507 (100%) |
| Owner Occupied HU | 4,627 (84.0%) |
| Renter Occupied HU | 625 (11.3%) |
| Vacant Housing Units | 255 ( 4.6%) |
| Median Home Value | $219,174 |
| Average Home Value | $248,238 |
Housing Distribution
Address Breakdown
Residential
5,392
Single Family
4,594
Multi-Family
798
Businesses
247
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