644 Meadowlawn StSaginawMI48604
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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 644 Meadowlawn St, Saginaw, MI, 48604 uses $49,394 cash to close to unlock $7,280/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $1,589/mo, and a $729/mo payment keeps the spread at $607/mo. Purchase price stands at $149,000, and rental yield measures 12.8% with $1,589/mo rent. Return on cash invested shows 34.65% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 182.44% and total cumulative return in cash records $90,112. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,589/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1967
8,276 sqft 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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