1712 Zauel St · Saginaw, MI 48602

$99,900

3 bd · 1.0 ba · 1,131 sqft · SingleFamily public records · 7 Days on market

Built 1955 6,534 sqft lot Est $72k · 38% over

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.1/30.0
• DSCR +6.4/10.0
• 1% rule +5.2/10.0
• Rent growth +3.5/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Whether you're looking for your first home or ready to downsize, 1712 Zauel is sure to impress! This 3-bedroom, 1-bath home features an updated kitchen complete with shaker cabinets, subway tile, granite countertops, vinyl flooring, and a new dishwasher. Vaulted ceilings in the living room create an open, airy feel while allowing for plenty of natural light. You'll also appreciate the generous storage space throughout. The bathroom has been tastefully refreshed with granite and vinyl flooring. With just a few finishing touches, this home has incredible potential to truly shine and become a standout charmer!

Key facts

• Vinyl flooring
• Shaker cabinets
• Updated kitchen

Tags

• UPDATED KITCHEN
• SHAKER CABINETS
• SUBWAY TILE
• GRANITE COUNTERTOPS
• VINYL FLOORING
• NEW DISHWASHER

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $124 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).

Location & tenants

• Location reads 63/100 on livability (#521 in MI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools F, crime F, amenities F.
• Saginaw School District (urban): math 20% / reading 29% proficiency, ranked #444 of 540 in MI (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+4.0%/yr); 250 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 154 units permitted in Saginaw County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Saginaw County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 10 sale attempts since 15y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $50k; list at $100k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $99,900

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.02% ✓
• Cap rate: 7.78%
• Cash-on-cash: 5.32%
• DSCR: 1.24
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $72,384
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2116 W Michigan Ave	0.12mi	3/1.0	1,159 (+2%)	4mo	$125,000	$108	87
1902 Zauel St	0.11mi	3/1.0	1,241 (+10%)	6mo	$50,000	$40	74
1757 Burnham Dr	0.32mi	4/1.0 (+1)	1,097 (-3%)	2mo	$63,000	$57	73
1830 Jordan St	0.46mi	3/2.0	1,095 (-3%)	7mo	$80,000	$73	63
1827 Gilbert St	0.21mi	3/1.5	1,008 (-11%)	9mo	$20,000	$20	63
1522 Gilbert St	0.63mi	2/1.0 (-1)	1,112 (-2%)	1mo	$67,000	$60	62
1416 Andrew St	0.62mi	3/1.0	1,176 (+4%)	3mo	$153,100	$130	62
1013 Maple St	0.57mi	3/1.0	1,034 (-9%)	2mo	$66,000	$64	57
1843 Kendrick St	0.36mi	3/1.0	1,296 (+15%)	4mo	$47,000	$36	56
2233 S Niagara St	0.65mi	3/1.0	972 (-14%)	1mo	$44,000	$45	45
819 Grove St	0.59mi	3/1.0	1,298 (+15%)	3mo	$85,000	$65	45
1622 Maine St	0.68mi	3/1.0	1,007 (-11%)	6mo	$99,000	$98	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.98% rent growth · sell at horizon

5-year hold

• IRR: -7.0%
• Equity multiple: 0.74×
• Total profit: $-7,272
• Equity at exit: $14,895

10-year hold

• IRR: 3.8%
• Equity multiple: 1.29×
• Total profit: $8,113
• Equity at exit: $8,638

Cash invested: $27,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48602

• Home prices YoY: -19.7%
• Rents YoY: 4.0%
• Active inventory: 250
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,018 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$115 /mo · $1,381/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$214
• Net cashflow: $124

Break-even live

Break-even rent $862

Max offer price $99,900

Occupancy floor 83%

Sensitivity live

Price	-10% $180	-5% $152	+0% $124	+5% $96	+10% $67
Rent	-10% $43	-5% $84	+0% $124	+5% $164	+10% $204
Rate	-1.0pp $174	-0.5pp $149	base $124	+0.5pp $98	+1.0pp $72

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1827 Gilbert St Saginaw, MI	3.0	2.0	1008	$695	$0.69	44d	1	0.18mi
2021 Grout St Saginaw, MI	1.0–2.0	1.0	862	$995	$1.15	44d	1	0.26mi

Listing history 24 events

1. 2026-04-20
   status Pending

   Show marketing remark (614 chars)

   Whether you're looking for your first home or ready to downsize, 1712 Zauel is sure to impress! This 3-bedroom, 1-bath home features an updated kitchen complete with shaker cabinets, subway tile, granite countertops, vinyl flooring, and a new dishwasher. Vaulted ceilings in the living room create an open, airy feel while allowing for plenty of natural light. You'll also appreciate the generous storage space throughout. The bathroom has been tastefully refreshed with granite and vinyl flooring. With just a few finishing touches, this home has incredible potential to truly shine and become a standout charmer!

2. 2026-04-20
   status Pending 614-char remark

   Show marketing remark (614 chars)

   Whether you're looking for your first home or ready to downsize, 1712 Zauel is sure to impress! This 3-bedroom, 1-bath home features an updated kitchen complete with shaker cabinets, subway tile, granite countertops, vinyl flooring, and a new dishwasher. Vaulted ceilings in the living room create an open, airy feel while allowing for plenty of natural light. You'll also appreciate the generous storage space throughout. The bathroom has been tastefully refreshed with granite and vinyl flooring. With just a few finishing touches, this home has incredible potential to truly shine and become a standout charmer!

3. 2026-04-13
   listed $99,900 Active

   Show marketing remark (614 chars)

   Whether you're looking for your first home or ready to downsize, 1712 Zauel is sure to impress! This 3-bedroom, 1-bath home features an updated kitchen complete with shaker cabinets, subway tile, granite countertops, vinyl flooring, and a new dishwasher. Vaulted ceilings in the living room create an open, airy feel while allowing for plenty of natural light. You'll also appreciate the generous storage space throughout. The bathroom has been tastefully refreshed with granite and vinyl flooring. With just a few finishing touches, this home has incredible potential to truly shine and become a standout charmer!

4. 2026-04-13
   listed $99,900 Active 614-char remark

   Show marketing remark (614 chars)

   Whether you're looking for your first home or ready to downsize, 1712 Zauel is sure to impress! This 3-bedroom, 1-bath home features an updated kitchen complete with shaker cabinets, subway tile, granite countertops, vinyl flooring, and a new dishwasher. Vaulted ceilings in the living room create an open, airy feel while allowing for plenty of natural light. You'll also appreciate the generous storage space throughout. The bathroom has been tastefully refreshed with granite and vinyl flooring. With just a few finishing touches, this home has incredible potential to truly shine and become a standout charmer!

5. 2022-07-22
   soldstatus $50,000 Sold 198-char remark

   Show marketing remark (198 chars)

   LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

6. 2022-07-22
   soldstatus $50,000 Closed

   Show marketing remark (198 chars)

   LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

7. 2022-07-22
   soldstatus $50,000

   Show marketing remark (198 chars)

   LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

8. 2022-07-14
   status Pending 198-char remark

   Show marketing remark (198 chars)

   LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

9. 2022-07-14
   status Pending

   Show marketing remark (198 chars)

   LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

10. 2022-06-07
    status Active 198-char remark

    Show marketing remark (198 chars)

    LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

11. 2022-06-07
    status Active

    Show marketing remark (198 chars)

    LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

12. 2022-04-19
    soldstatus $110,000
13. 2022-04-01
    status Pending 198-char remark

    Show marketing remark (198 chars)

    LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

14. 2022-04-01
    status Pending

    Show marketing remark (198 chars)

    LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

15. 2022-03-28
    status Active 198-char remark

    Show marketing remark (198 chars)

    LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

16. 2022-03-28
    status Active

    Show marketing remark (198 chars)

    LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

17. 2022-03-16
    status Pending 198-char remark

    Show marketing remark (198 chars)

    LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

18. 2022-03-16
    status Pending

    Show marketing remark (198 chars)

    LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

19. 2022-03-10
    listed $56,900 Active 198-char remark

    Show marketing remark (198 chars)

    LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

20. 2022-03-10
    listed $56,900 Active

    Show marketing remark (198 chars)

    LOCATION, LOCATION, LOCATION. A MUST SEE! Adorable 3 bedrooms, Updated kitchen w/ newer cabinets, large living room, dining room, first floor laundry and attached garage. Call to book your showing!

21. 2011-11-16
    soldstatus $9,000
22. 2011-11-16
    soldstatus $9,000
23. 2011-10-03
    listed $14,900
24. 2011-10-03
    listed $14,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,381 · $115/mo
• Projected year-2 tax: $1,460 · $122/mo
• Expected delta: +$79/yr (+$7/mo · 5.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥99°F today · 14 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,221
• − Mortgage interest: −$5,596
• − Property taxes: −$1,381
• − Insurance: −$500
• − Repairs & maintenance: −$978
• − Management: −$978
• − Depreciation: −$2,906
• Taxable loss: −$117
• Est. tax savings @ 24.0%: +$28
• After-tax cash flow: $1,515/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Saginaw School District
• NCES district ID: 2630390
• Math proficiency: 20% ▼ -5.00%
• Reading proficiency: 29% ▼ -3.00%
• Median HH income: $28,940
• Composite: 19.6/100
• National rank: #8755
• State rank: #444 of 540 in MI

Livability — Saginaw

• Score: 63/100
• State rank: #521
• US rank: #15424

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment F Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Saginaw, MI
• County: Saginaw County · 54,884 people
• City population: 54,884
• Metro: Saginaw, MI
• Population (ZIP): 27,127
• Household income: $46,984
• Rent vs Own: 35.8% rent · 64.2% own
• Severe rent burden: 1416.0

Population outlook (Saginaw County) Hauer SSP2

• Today (2025): 180,568 people
• By 2030: 172,302 · -4.6%
• By 2040: 153,919 · -14.8%
• By 2050: 135,519 · -24.9%
• By 2075: 97,199 · -46.2%
• By 2100: 65,037 · -64.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 50% Black 27% Hispanic / Latino 17% Two or more races 12%
• Hispanic origin (detail): Mexican 14% Puerto Rican 1%
• Common ancestry: Romanian 4% Lithuanian 3% Italian 2%
• Foreign-born: 1% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Saginaw

• 2024 margin: Toss-up / Even · D 47.7% · R 51.0% · Other 1.4%
• 2008→2024 swing: -20.6pp toward R · 2008: 17.3pp · 2024: -3.3pp
• All cycles: 2024: R+3.3 2020: D+0.3 2016: R+1.1 2012: D+11.9 2008: D+17.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -39.15%
• Current HPI: 159.8807
• Rent YoY: ▲ 3.98%
• Metro: Saginaw, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+570.5% since first listed

24 events — show timeline

• 2026-04-20 Pending — REALCOMP
• 2026-04-20 Pending — MiRealSource-MiMLS
• 2026-04-13 Listed $99,900 REALCOMP
• 2026-04-13 Listed $99,900 MiRealSource-MiMLS
• 2022-07-22 Sold (Public Records) $50,000 Public Records
• 2022-07-22 Sold (MLS) $50,000 MiRealSource-MiMLS
• 2022-07-22 Sold (MLS) $50,000 REALCOMP
• 2022-07-14 Pending — REALCOMP
• 2022-07-14 Pending — MiRealSource-MiMLS
• 2022-06-07 Relisted — REALCOMP
• 2022-06-07 Relisted — MiRealSource-MiMLS
• 2022-04-19 Sold (Public Records) $110,000 Public Records
• 2022-04-01 Pending — REALCOMP
• 2022-04-01 Pending — MiRealSource-MiMLS
• 2022-03-28 Relisted — REALCOMP
• 2022-03-28 Relisted — MiRealSource-MiMLS
• 2022-03-16 Pending — REALCOMP
• 2022-03-16 Pending — MiRealSource-MiMLS
• 2022-03-10 Listed $56,900 MiRealSource-MiMLS
• 2022-03-10 Listed $56,900 REALCOMP
• 2011-11-16 Sold (MLS) $9,000 REALCOMP
• 2011-11-16 Sold (MLS) $9,000 MiRealSource-MiMLS
• 2011-10-03 Listed $14,900 REALCOMP
• 2011-10-03 Listed $14,900 MiRealSource-MiMLS

Property tax history

-0.8%/yr

Latest (2025): $1,381 · -16.3% YoY. Source: county tax records.