845 Windrush CtSaginawMI48609
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 845 Windrush Ct, Saginaw, MI, 48609 in Saginaw worth study. Rental yield 5.63%. The 5.63% gross yield is below cash-flow benchmarks at $319,900, but 5% annual appreciation, adding $88,382 over five years, frames this as a capital growth position. Rent of $1,500/mo partially offsets the $1,438/mo payment. Ziffy Mortgage finances appreciation-play properties (1.04 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $82,703.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 9.0% |
| Monthly Cash Flow | $(610) | $800 |
City averages based on Saginaw market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,500 |
| Total Monthly Debt Service | $1,982 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48609, Saginaw, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,507 (100%) |
| Owner Occupied HU | 4,627 (84.0%) |
| Renter Occupied HU | 625 (11.3%) |
| Vacant Housing Units | 255 ( 4.6%) |
| Median Home Value | $219,174 |
| Average Home Value | $248,238 |
Housing Distribution
Address Breakdown
Residential
5,392
Single Family
4,594
Multi-Family
798
Businesses
247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48609, Saginaw, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,507 (100%) |
| Owner Occupied HU | 4,627 (84.0%) |
| Renter Occupied HU | 625 (11.3%) |
| Vacant Housing Units | 255 ( 4.6%) |
| Median Home Value | $219,174 |
| Average Home Value | $248,238 |
Housing Distribution
Address Breakdown
Residential
5,392
Single Family
4,594
Multi-Family
798
Businesses
247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices