6311 Parkway StSaginawMI48603
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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 6311 Parkway St, Saginaw, MI, 48603 with 5% annual appreciation on a $146,700 basis while $1,597/mo rent supports operations. Total monthly income totals $1,597/mo and a $718/mo payment preserves $630/mo for cash returns. Annual cash flow comes to $7,555/yr on $48,631 deployed, and return on cash invested reaches 35.44% in year one. Equity gained on principal adds $947/yr, and five-year appreciation sums $40,531 alongside rental yield of 13.06%. Five-year ROI measures 186.75% and total cumulative return in cash totals $90,818.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,597/mo property income versus a $718/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2023
N/A 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
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