259 N Saginaw StMontroseMI48457
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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 Montrose at 259 N Saginaw St, Montrose, MI, 48457 with 5% annual appreciation on a $155,900 basis while $1,187/mo rent supports operations. Total monthly income totals $1,187/mo and a $763/mo payment preserves $159/mo for cash returns. Annual cash flow comes to $1,908/yr on $51,681 deployed, and return on cash invested reaches 23.6% in year one. Equity gained on principal adds $1,006/yr, and five-year appreciation sums $43,072 alongside rental yield of 9.14%. Five-year ROI measures 123.18% and total cumulative return in cash totals $63,658.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,187/mo property income versus a $763/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48457, Montrose, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,729 (80.5%) |
| Renter Occupied HU | 509 (15.0%) |
| Vacant Housing Units | 151 ( 4.5%) |
| Median Home Value | $210,069 |
| Average Home Value | $243,153 |
Housing Distribution
Address Breakdown
Residential
3,081
Single Family
2,843
Multi-Family
238
Businesses
116
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