6220 Masters AveSaginawMI48604
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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 6220 Masters Ave, Saginaw, MI, 48604 uses $33,548 cash to close to unlock $13,596/yr annual cash flow and $1,133/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $495/mo payment keeps the spread at $1,133/mo. Purchase price stands at $101,200, and rental yield measures 21.34% with $1,800/mo rent. Return on cash invested shows 60.43% in year one, and 5% annual appreciation builds toward $27,960 over five years. Five-year ROI reaches 320.7% and total cumulative return in cash records $107,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $495/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
N/A 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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