9035 Greenway Blvd APT C48SaginawMI48609
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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 9035 Greenway Blvd APT C48, Saginaw, MI, 48609 generates $2,310/mo in rent and, after a $801/mo payment, leaves $1,023/mo in cash flow. Total monthly income is $2,310/mo, and annual cash flow is $12,273/yr on $54,267 invested. Return on cash invested sits at 42.52% in year one, and rental yield is 16.93% on a $163,700 entry. Equity gained on principal adds $1,056/yr, while 5% annual appreciation builds toward $45,227 over five years. Five-year ROI reaches 226.35% and total cumulative return in cash sums $122,831. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,310/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$208 monthly 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
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Listed by: Bryan Gardner • Modern Realty
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50176691
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.