6650 Radewahn RdSaginawMI48604
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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
Rental property for sale in Saginaw at 6650 Radewahn Rd, Saginaw, MI, 48604 generates $965/mo in rent and, after a $611/mo payment, leaves $142/mo in cash flow. Total monthly income is $965/mo, and annual cash flow is $1,700/yr on $41,404 invested. Return on cash invested sits at 24.01% in year one, and rental yield is 9.27% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 125.43% and total cumulative return in cash sums $51,934. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $965/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
0.36 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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