516 Shepard StSaginawMI48604
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
Investment Highlights
Investment property for sale in Saginaw at 516 Shepard St, Saginaw, MI, 48604 at $124,900 posts ROI 37.98% with $624/mo cash flow from $1,447/mo rent. Total monthly income equals $1,447/mo, and annual cash flow records $7,484/yr on $41,404 to close. Return on cash invested measures 37.98% and rental yield reads 13.9% at the current $124,900. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 by year five. Five-year ROI prints 200.32% and total cumulative return in cash totals $82,942.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,447/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48604, Saginaw, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,671 (100%) |
| Owner Occupied HU | 3,050 (65.3%) |
| Renter Occupied HU | 1,253 (26.8%) |
| Vacant Housing Units | 368 ( 7.9%) |
| Median Home Value | $104,775 |
| Average Home Value | $159,852 |
Housing Distribution
Address Breakdown
Residential
4,514
Single Family
4,433
Multi-Family
81
Businesses
673
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