4612 Cedar Crest DrSaginawMI48603
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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 4612 Cedar Crest Dr, Saginaw, MI, 48603 offers a 8.54% rental yield on a $344,900 purchase with $2,455/mo rent. Total monthly income registers $2,455/mo, and a $1,688/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,958/yr on $114,334 to close, and return on cash invested stands at 21.62% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,290 over five years. Portfolio math shows five-year ROI at 112.66% and total cumulative return in cash at $128,805. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,455/mo property income against a $1,688/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.30 Acres lot
$N/A/sqft
$210 annually 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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Listed by: Lynn Moore • Berkshire Hathaway HomeServices
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50160145
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