4196 Joslin StSaginawMI48638
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 4196 Joslin St, Saginaw, MI, 48638 in Saginaw fits: $199,900, 5.4% gross yield, and a projected 5% annual appreciation rate adding $55,229 in value within five years. Rental yield 5.4%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.00) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $1,841/yr in principal paydown and $55,229 in appreciation project a total return of $49,214.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 9.0% |
| Monthly Cash Flow | $(419) | $800 |
City averages based on Saginaw market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $899 |
| Total Monthly Debt Service | $1,239 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1925
6,098 sqft lot
$N/A/sqft
No HOA
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 1925
6,098 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keisha Taylor • Taylored Elite Estates LLC
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50169217
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