361 Somerset Rd,Saginaw,MI,48638

Investment Highlights

Rental property for sale in Saginaw at 361 Somerset Rd, Saginaw, MI, 48638 offers $3,090/mo rent that, after a $1,272/mo payment, leaves $1,376/mo cash flow. Total monthly income is $3,090/mo, and annual cash flow is $16,514/yr on $86,157 cash. Return on cash invested measures 39.08% in year one, and rental yield stands at 14.27% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 206.2% and total cumulative return in cash reaches $177,658. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,090/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.