2116 W Michigan AveSaginawMI48638
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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 2116 W Michigan Ave, Saginaw, MI, 48638 offers a 9.6% rental yield on a $129,997 purchase with $1,040/mo rent. Total monthly income registers $1,040/mo, and a $636/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,196/yr on $43,094 to close, and return on cash invested stands at 25% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,916 over five years. Portfolio math shows five-year ROI at 130.66% and total cumulative return in cash at $56,306. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,040/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.31 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices