2115 Reinhardt StSaginawMI48604
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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
Investment property for sale in Saginaw at 2115 Reinhardt St, Saginaw, MI, 48604 earns $422/mo cash flow from $1,474/mo rent with a $781/mo payment. Total monthly income totals $1,474/mo, and annual cash flow totals $5,062/yr on $52,874 capital. ROI tracks 29.48% on current figures, and rental yield reads 11.09% at a $159,500 purchase. Equity gained on principal adds $1,029/yr, and 5% annual appreciation supports $44,067 over five years. Five-year ROI reaches 154.72% and total cumulative return in cash sums $81,805. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,474/mo property income instead of your personal income.
Single Family
Built in 1954
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48604, Saginaw, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,671 (100%) |
| Owner Occupied HU | 3,050 (65.3%) |
| Renter Occupied HU | 1,253 (26.8%) |
| Vacant Housing Units | 368 ( 7.9%) |
| Median Home Value | $104,775 |
| Average Home Value | $159,852 |
Housing Distribution
Address Breakdown
Residential
4,514
Single Family
4,433
Multi-Family
81
Businesses
673
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Listed by: Amy Grundas • Real Estate One Great Lakes Bay
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50183173
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