2881 Bedford StSaginawMI48601
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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 2881 Bedford St, Saginaw, MI, 48601 priced at $102,000 converts $784/mo rent into $75/mo cash flow after a $499/mo obligation. Total monthly income equals $784/mo, and annual cash flow totals $902/yr on $33,813 invested. Return on cash invested prints 22.58% in year one, and rental yield reads 9.22% against a $102,000 entry. Equity gained on principal adds $658/yr, while 5% annual appreciation compiles into $28,181 by year five. Five-year ROI reaches 118.27% and total cumulative return in cash sums $39,992. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $784/mo property income covering a $499/mo payment, not borrower’s personal income.
Single Family
Built in 1958
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48601, Saginaw, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,402 (100%) |
| Owner Occupied HU | 8,506 (55.2%) |
| Renter Occupied HU | 5,002 (32.5%) |
| Vacant Housing Units | 1,894 (12.3%) |
| Median Home Value | $65,746 |
| Average Home Value | $116,940 |
Housing Distribution
Address Breakdown
Residential
14,222
Single Family
13,728
Multi-Family
494
Businesses
717
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Listed by: Joshua Landerway • EXP Realty
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50159449
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