6 Wiltse CtSaginawMI48603
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 6 Wiltse Ct, Saginaw, MI, 48603 in Saginaw. At $294,000 it earns $2,327/mo in rent and distributes $388/mo to the owner after the $1,322/mo payment, a consistent 9.5% yield. DSCR 1.76 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $81,227 in value; $2,708/yr in principal paydown compounds ownership stake. Total projected return: $137,018.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 9.0% |
| Monthly Cash Flow | $388 | $800 |
City averages based on Saginaw market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,327 |
| Total Monthly Debt Service | $1,822 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1973
0.50 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
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 1973
0.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices