5140 Youngstown Pl · Bridgeport, MI 48601

$155,000

4 bd · 1.0 ba · 1,506 sqft · SingleFamily public records · 5 Days on market

Built 1959 0.51 ac lot $103/sqft · at area comps Est $156k · at est.

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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 +20.8/30.0
• ARV discount +7.7/15.0
• DSCR +6.6/10.0
• 1% rule +4.2/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Are you looking for a quiet place to relax after a busy day? Need 4 bedrooms and an open floor plan? Want that master suite away from the kiddos? This home is the one. The last home on a dead end street offers a peaceful setting. Most of the work has been done but still a few things to finish up. Some supplies are already purchased waiting for you to install and turn this home into your dream home. Large pole barn for all your storage needs. Large yard for the kiddos and already has a yard swing hanging from the grand tree out back waiting to be loved. Great possibilities at a great price!

Key facts

• Large yard
• Large pole barn
• 0.51 acre lot

Tags

• LARGE POLE BARN
• LARGE YARD

Property features AI

Finance

• Other: Lot approximately 0.51 acre (75 x 254); Subdivision: Youngstown Place Sub

Exterior

• Parking: No garage
• Utilities: Public water available; Septic tank sewer
• Home design: Single-family residence; One story; Ground-level entry
• Construction: Vinyl siding; Built with crawl space foundation
• Exterior features: Front porch; Asphalt roof; Barn(s) on property; Paved road access

Interior

• Kitchen: Dishwasher; Free-standing electric range; Free-standing refrigerator
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning
• Interior features: Dishwasher; Free-standing electric range; Free-standing refrigerator; Gas water heater; Crawl space basement; 8 total rooms

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $212 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $143k (7.6% below list).
• Recommended offer: $143k (7.6% below list) — sets the bar for 1% rule.
• Cap rate 7.9% vs local median 6.1% in Bridgeport — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 57/100 on livability (#638 in MI) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A-; Watch: health & safety C-, crime D, schools F.
• Bridgeport-Spaulding Community School District (suburban): math 7% / reading 17% proficiency, ranked #513 of 540 in MI (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 201 active listings in the ZIP; 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 $1k of loan paydown is wiped out by about $5k 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 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 8y 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.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $143,178 (7.6% below list)

Questions for the listing agent

1. Built in 1959 — 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 D 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: 0.92% ✗
• Cap rate: 7.93%
• Cash-on-cash: 5.86%
• DSCR: 1.26
• GRM: 9.0

CMA / ARV

• ARV (median comp): $155,719
• List price: $155,000
• Delta: -0.46%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5140 Youngstown Pl	0.00mi	4/1.5	1,506 (0%)	0mo	$150,000	$100	98
1321 Ruby Ann Dr	0.43mi	3/2.0 (-1)	1,432 (-5%)	3mo	$162,500	$113	60
5115 Cole Rd	0.16mi	3/1.0 (-1)	1,600 (+6%)	22mo	$166,000	$104	59
1029 Crestlane Dr	0.43mi	3/1.5 (-1)	1,344 (-11%)	0mo	$192,500	$143	55
5147 Sheridan	0.35mi	3/2.0 (-1)	1,405 (-7%)	24mo	$190,000	$135	43
5651 Sheridan Rd	0.57mi	3/1.0 (-1)	1,280 (-15%)	8mo	$200,000	$156	37
1570 Evon Rd	0.74mi	3/2.0 (-1)	1,320 (-12%)	10mo	$115,000	$87	28

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -7.3%
• Equity multiple: 0.73×
• Total profit: $-11,701
• Equity at exit: $23,111

10-year hold

• IRR: 2.2%
• Equity multiple: 1.16×
• Total profit: $6,886
• Equity at exit: $13,402

Cash invested: $43,400 (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 48601

• Home prices YoY: -32.1%
• Active inventory: 201
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,432 medium
• Mortgage (P&I): −$813
• Tax from tax record: −$42 /mo · $503/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$301
• Net cashflow: $212

Break-even live

Break-even rent $1,164

Max offer price $155,000

Occupancy floor 80%

Sensitivity live

Price	-10% $299	-5% $256	+0% $212	+5% $168	+10% $124
Rent	-10% $99	-5% $155	+0% $212	+5% $268	+10% $325
Rate	-1.0pp $290	-0.5pp $251	base $212	+0.5pp $172	+1.0pp $131

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-05-12
   listed $155,000 Active 597-char remark

   Show marketing remark (596 chars)

   Are you looking for a quiet place to relax after a busy day? Need 4 bedrooms and an open floor plan? Want that master suite away from the kiddos? This home is the one. The last home on a dead end street offers a peaceful setting. Most of the work has been done but still a few things to finish up. Some supplies are already purchased waiting for you to install and turn this home into your dream home. Large pole barn for all your storage needs. Large yard for the kiddos and already has a yard swing hanging from the grand tree out back waiting to be loved. Great possibilities at a great price!

2. 2026-05-12
   listed $155,000 Active 596-char remark

   Show marketing remark (596 chars)

   Are you looking for a quiet place to relax after a busy day? Need 4 bedrooms and an open floor plan? Want that master suite away from the kiddos? This home is the one. The last home on a dead end street offers a peaceful setting. Most of the work has been done but still a few things to finish up. Some supplies are already purchased waiting for you to install and turn this home into your dream home. Large pole barn for all your storage needs. Large yard for the kiddos and already has a yard swing hanging from the grand tree out back waiting to be loved. Great possibilities at a great price!

3. 2021-05-14
   soldstatus $122,000
4. 2018-03-14
   soldstatus $69,900
5. 2018-03-05
   soldstatus $69,900

   Show marketing remark (177 chars)

   Nice 3 bedroom ranch located on a dead end rural street with a 30x40 pole barn. Large living room with french doors. 1.5 baths, family room, first floor laundry, and city water.

6. 2018-03-05
   soldstatus $69,900 Closed

   Show marketing remark (177 chars)

   Nice 3 bedroom ranch located on a dead end rural street with a 30x40 pole barn. Large living room with french doors. 1.5 baths, family room, first floor laundry, and city water.

7. 2018-02-07
   status Pending

   Show marketing remark (177 chars)

   Nice 3 bedroom ranch located on a dead end rural street with a 30x40 pole barn. Large living room with french doors. 1.5 baths, family room, first floor laundry, and city water.

8. 2018-02-07
   listed $69,900

   Show marketing remark (177 chars)

   Nice 3 bedroom ranch located on a dead end rural street with a 30x40 pole barn. Large living room with french doors. 1.5 baths, family room, first floor laundry, and city water.

9. 2018-02-07
   listed $69,900 Active

   Show marketing remark (177 chars)

   Nice 3 bedroom ranch located on a dead end rural street with a 30x40 pole barn. Large living room with french doors. 1.5 baths, family room, first floor laundry, and city water.

ⓘ 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: $503 · $42/mo
• Projected year-2 tax: $1,445 · $120/mo
• Expected delta: +$942/yr (+$78/mo · 187.2%)

ⓘ 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 ≥98°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: $17,181
• − Mortgage interest: −$8,682
• − Property taxes: −$503
• − Insurance: −$775
• − Repairs & maintenance: −$1,375
• − Management: −$1,375
• − Depreciation: −$4,509
• Taxable loss: −$37
• Est. tax savings @ 24.0%: +$9
• After-tax cash flow: $2,550/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: Bridgeport-Spaulding Community School District
• NCES district ID: 2606780
• Math proficiency: 7% ▼ -4.00%
• Reading proficiency: 17% ▼ -5.00%
• Median HH income: $38,403
• Composite: 10.13/100
• National rank: #9800
• State rank: #513 of 540 in MI

Livability — Bridgeport

• Score: 57/100
• State rank: #638
• US rank: #21636

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 32,069

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 0.56)
• Race & ethnicity: Black 59% White 27% Hispanic / Latino 12% Two or more races 5%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Romanian 2% Lithuanian 2%
• Foreign-born: 1% · Canada
• Languages at home: 96% English-only · Spanish 4%

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: ▼ -93.46%
• Current HPI: 197.3359
• Rent YoY: —
• Metro: —
• 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

+114.6% since first listed

13 events — show timeline

• 2026-06-09 Sold (MLS) $150,000 REALCOMP
• 2026-06-09 Sold (MLS) $150,000 MiRealSource-MiMLS
• 2026-05-20 Pending — MiRealSource-MiMLS
• 2026-05-20 Pending — REALCOMP
• 2026-05-12 Listed $155,000 REALCOMP
• 2026-05-12 Listed $155,000 MiRealSource-MiMLS
• 2021-05-14 Sold (Public Records) $122,000 Public Records
• 2018-03-14 Sold (Public Records) $69,900 Public Records
• 2018-03-05 Sold (MLS) $69,900 MiRealSource-MiMLS
• 2018-03-05 Sold (MLS) $69,900 REALCOMP
• 2018-02-07 Pending — MiRealSource-MiMLS
• 2018-02-07 Listed $69,900 MiRealSource-MiMLS
• 2018-02-07 Listed $69,900 REALCOMP

Property tax history

-6.7%/yr

Latest (2025): $503 · -70.4% YoY. Source: county tax records.