2323 Warwick StSaginawMI48602
Nearby investment properties with comparable rents
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 2323 Warwick St, Saginaw, MI, 48602 at $149,500 posts ROI 30.36% with $432/mo cash flow from $1,444/mo rent. Total monthly income equals $1,444/mo, and annual cash flow records $5,179/yr on $49,559 to close. Return on cash invested measures 30.36% and rental yield reads 11.59% at the current $149,500. Equity gained on principal adds $965/yr, and 5% annual appreciation supports $41,304 by year five. Five-year ROI prints 159.7% and total cumulative return in cash totals $79,145.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,444/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48602, Saginaw, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,574 (100%) |
| Owner Occupied HU | 7,156 (56.9%) |
| Renter Occupied HU | 4,155 (33.0%) |
| Vacant Housing Units | 1,263 (10.0%) |
| Median Home Value | $67,882 |
| Average Home Value | $111,072 |
Housing Distribution
Address Breakdown
Residential
11,736
Single Family
11,179
Multi-Family
557
Businesses
693
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Nearby investment properties with comparable prices
Listed by: Spencer Webb • Century 21 Signature Realty
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50161263
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