822 Jackson StSaginawMI48602
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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 822 Jackson St, Saginaw, MI, 48602 priced at $109,900 converts $978/mo rent into $248/mo cash flow after a $538/mo obligation. Total monthly income equals $978/mo, and annual cash flow totals $2,978/yr on $36,432 invested. Return on cash invested prints 28.08% in year one, and rental yield reads 10.68% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 147.38% and total cumulative return in cash sums $53,692. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $978/mo property income covering a $538/mo payment, not borrower’s personal income.
Multi Family
Built in 1897
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48602, Saginaw, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,574 (100%) |
| Owner Occupied HU | 7,156 (56.9%) |
| Renter Occupied HU | 4,155 (33.0%) |
| Vacant Housing Units | 1,263 (10.0%) |
| Median Home Value | $67,882 |
| Average Home Value | $111,072 |
Housing Distribution
Address Breakdown
Residential
11,736
Single Family
11,179
Multi-Family
557
Businesses
693
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Listed by: Paul Burback • The Miller Group
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50163638
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