3943 Spring LnSaginawMI48603
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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 Saginaw at 3943 Spring Ln, Saginaw, MI, 48603 uses $139,197 cash to close to unlock $2,534/yr annual cash flow and $211/mo monthly cash flow. Total monthly income runs $2,980/mo, and a $2,055/mo payment keeps the spread at $211/mo. Purchase price stands at $419,900, and rental yield measures 8.52% with $2,980/mo rent. Return on cash invested shows 21.73% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 113.16% and total cumulative return in cash records $157,512. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,980/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 2014
1.08 Acres lot
$N/A/sqft
No 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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