3001 Eddy StSaginawMI48604
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3001 Eddy St, Saginaw, MI, 48604 in Saginaw speaks for itself: 14.34% gross on a $129,900 price, generating $1,552/mo in rent and $679/mo in net income after the $584/mo debt service. DSCR 2.66, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,151 stacks alongside $35,889 in projected five-year appreciation and $1,196/yr in principal reduction. Projected total cumulative return: $94,292.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 9.0% |
| Monthly Cash Flow | $679 | $800 |
City averages based on Saginaw market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,552 |
| Total Monthly Debt Service | $805 |
| DSCR Ratio | 1.93x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
0.33 Acres 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
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
Single Family
Built in 1954
0.33 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices