36 Tuscany CirSaginawMI48603
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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 36 Tuscany Cir, Saginaw, MI, 48603 priced at $292,000 converts $2,405/mo rent into $105/mo cash flow after a $1,429/mo obligation. Total monthly income equals $2,405/mo, and annual cash flow totals $1,255/yr on $96,798 invested. Return on cash invested prints 21.21% in year one, and rental yield reads 9.88% against a $292,000 entry. Equity gained on principal adds $1,884/yr, while 5% annual appreciation compiles into $80,674 by year five. Five-year ROI reaches 112.01% and total cumulative return in cash sums $108,428. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,405/mo property income covering a $1,429/mo payment, not borrower’s personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48603, Saginaw, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,279 (100%) |
| Owner Occupied HU | 8,422 (63.4%) |
| Renter Occupied HU | 4,095 (30.8%) |
| Vacant Housing Units | 762 ( 5.7%) |
| Median Home Value | $207,602 |
| Average Home Value | $239,030 |
Housing Distribution
Address Breakdown
Residential
13,098
Single Family
10,560
Multi-Family
2,538
Businesses
934
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