505 Yale St · Saginaw, MI 48602

$79,900

3 bd · 2.0 ba · 1,698 sqft · SingleFamily public records · 186 Days on market

Built 1913 4,356 sqft lot Est $127k · 37% under

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Why this score? — see what drove the B 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 +26.5/30.0
• ARV discount +15.0/15.0
• 1% rule +9.6/10.0
• DSCR +9.1/10.0
• Rent growth +3.5/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

Key facts

• Fully renovated home
• Large front porch
• Flexible floor plan

Tags

• FULLY RENOVATED HOME
• LARGE FRONT PORCH
• FLEXIBLE FLOOR PLAN
• DEDICATED OFFICE
• EXTRA ROOM
• 10 FOOT CEILINGS

Property features AI

Finance

• Other: Above-grade finished area approximately 1,836 square feet; Lot size about 0.1 acre
• HOA & community: Homeowners association present

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Two stories; Residential zoning
• Construction: Vinyl siding exterior; Block and slab foundation; Built on two levels
• Exterior features: Front porch; Corner city lot with irregular shape; Paved public road access

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Natural gas heating; Steam heating; Ceiling fans for cooling
• Interior features: Entrance foyer; Fireplace in the living room; Gas water heater; Full unfinished basement with block construction

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $212 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.5% vs local median 7.8% in Saginaw — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: crime F, amenities F, commute 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.
• Zoned schools: Thompson Middle School (math 6% / reading 13%, grade F, #479 of 493 statewide, top 97%, 397 students, 93% FRL) — zoned schools average 93% FRL vs 76% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 10% at this address vs 24% district-wide (-15 pts) — the specific schools serving this property underperform the Saginaw School District average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+4.0%/yr); 250 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 $552 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 4.0% rent growth), your $22k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 186 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 26y ago; this cycle's ask has dropped $42k (34%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.8% of price; built in 1913 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $70,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 186 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1913 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.46% ✓
• Cap rate: 9.48%
• Cash-on-cash: 11.37%
• DSCR: 1.51
• GRM: 5.7

CMA / ARV

• ARV (on-the-fly): $127,350
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1403 Cypress St	0.08mi	4/2.0 (+1)	1,603 (-6%)	2mo	$63,000	$39	80
1907 Adams Blvd	0.45mi	3/2.0	1,654 (-3%)	3mo	$130,000	$79	72
1032 Sutton St	0.40mi	4/2.0 (+1)	1,660 (-2%)	3mo	$125,000	$75	70
505 Alice St	0.56mi	3/2.0	1,643 (-3%)	1mo	$127,000	$77	67
267 Lockwood St	0.42mi	3/1.5	1,553 (-8%)	2mo	$116,000	$75	63
735 Malzahn St	0.38mi	3/1.0	1,550 (-9%)	4mo	$95,500	$62	60
11 Roselawn Ct	0.51mi	3/1.0	1,573 (-7%)	1mo	$122,000	$78	59
2023 Kollen St	0.51mi	2/2.0 (-1)	1,600 (-6%)	5mo	$100,500	$63	57
407 S Oakley St	0.45mi	3/1.0	1,495 (-12%)	4mo	$58,000	$39	52
613 Williams St	0.64mi	3/1.0	1,526 (-10%)	2mo	$40,000	$26	48
2025 Carman Dr	0.54mi	4/3.0 (+1)	1,951 (+15%)	1mo	$179,000	$92	40
1407 Bay St	0.73mi	4/1.5 (+1)	1,464 (-14%)	2mo	$142,900	$98	34

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: 2.1%
• Equity multiple: 1.08×
• Total profit: $1,830
• Equity at exit: $11,913

10-year hold

• IRR: 12.9%
• Equity multiple: 2.09×
• Total profit: $24,296
• Equity at exit: $6,908

Cash invested: $22,372 (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: 5.7×

Monthly cashflow live

• Estimated rent: $1,165 medium
• Mortgage (P&I): −$419
• Tax from tax record: −$256 /mo · $3,068/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$245
• Net cashflow: $212

Break-even live

Break-even rent $896

Max offer price $79,900

Occupancy floor 77%

Sensitivity live

Price	-10% $257	-5% $235	+0% $212	+5% $189	+10% $167
Rent	-10% $120	-5% $166	+0% $212	+5% $258	+10% $304
Rate	-1.0pp $252	-0.5pp $232	base $212	+0.5pp $191	+1.0pp $170

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Listing history 43 events

1. 2026-06-19
   days on market $79,900 Active 186 DOM
2. 2026-06-18
   days on market $79,900 Active 185 DOM
3. 2026-06-17
   days on market $79,900 Active 184 DOM
4. 2026-06-16
   days on market $79,900 Active 183 DOM
5. 2026-06-15
   days on market $79,900 Active 182 DOM
6. 2026-06-14
   days on market $79,900 Active 180 DOM
7. 2026-06-12
   days on market $79,900 Active 179 DOM
8. 2026-06-09
   days on market $79,900 Active 176 DOM
9. 2026-06-08
   days on market $79,900 Active 175 DOM
10. 2026-06-07
    days on market $79,900 Active 174 DOM
11. 2026-06-05
    days on market $79,900 Active 171 DOM
12. 2026-06-03
    days on market $79,900 Active 170 DOM
13. 2026-06-02
    days on market $79,900 Active 169 DOM
14. 2026-06-01
    days on market $79,900 Active 168 DOM
15. 2026-05-31
    days on market $79,900 Active 167 DOM
16. 2026-05-30
    days on market $79,900 Active 166 DOM
17. 2026-04-28
    price $79,900 1343-char remark

    Show marketing remark (1343 chars)

    Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

18. 2026-04-27
    price $79,900
19. 2026-03-25
    price $89,900 1343-char remark

    Show marketing remark (1343 chars)

    Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

20. 2026-03-25
    price $89,900

    Show marketing remark (1343 chars)

    Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

21. 2026-02-28
    price $99,900 1343-char remark

    Show marketing remark (1343 chars)

    Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

22. 2026-02-27
    price $99,900
23. 2026-02-06
    price $109,900 1343-char remark

    Show marketing remark (1343 chars)

    Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

24. 2026-02-05
    status Active

    Show marketing remark (1343 chars)

    Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

25. 2026-02-05
    price $109,900

    Show marketing remark (1343 chars)

    Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

26. 2026-02-05
    status Back on Market 1343-char remark

    Show marketing remark (1343 chars)

    Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

27. 2026-01-30
    status Pending

    Show marketing remark (1343 chars)

    Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

28. 2026-01-30
    status Pending 1343-char remark

    Show marketing remark (1343 chars)

    Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

29. 2026-01-24
    price $116,900 1343-char remark

    Show marketing remark (1343 chars)

    Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

30. 2026-01-23
    price $116,900
31. 2025-12-09
    listed $121,900 Active
32. 2025-12-08
    listed $121,900 Active 1343-char remark

    Show marketing remark (1343 chars)

    Step inside this fully and beautifully renovated home that perfectly blends the grandeur of Victorian character with clean, conventional style. Situated prominently on a desirable corner lot, this residence offers immediate curb appeal with its inviting, large front porch, a beautiful spot to relax and enjoy the weather. This home boasts a spacious and flexible floor plan featuring three generous bedrooms and two full bathrooms, complemented by a dedicated office and an extra room that can be utilized as a playroom, home gym, or a craft space of your choice. You will love the exceptional openness created by 10-foot ceilings throughout the main level and the stately visual appeal of the beautiful open staircase. The main floor provides great flexibility, allowing you to easily decide which of the large rooms will serve as your formal Dining Room or Living Room, which features a cozy fireplace with a modern insert. Additional value is found in the large, full, unfinished basement, which offers massive storage potential. Location is key: this property is perfectly situated close to schools, shopping, and all local amenities, simplifying your daily routine. This is a rare opportunity to purchase a meticulously completed renovation in a sought-after location! Ready for you to move in and enjoy! 1 Year Home Warranty included!

33. 2022-07-30
    historical
34. 2022-07-29
    historical
35. 2022-05-26
    price $74,900
36. 2022-05-26
    price $74,900
37. 2022-05-23
    listed $83,900 Active
38. 2022-05-23
    listed $83,900 Active
39. 2021-02-16
    soldstatus $93,000
40. 2006-03-09
    soldstatus $70,000
41. 2000-05-04
    soldstatus $72,000
42. 2000-05-01
    soldstatus $72,000
43. 2000-03-02
    listed $74,900

ⓘ 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: $3,068 · $256/mo
• Projected year-2 tax: $3,068 · $256/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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: $13,974
• − Mortgage interest: −$4,476
• − Property taxes: −$3,068
• − Insurance: −$400
• − Repairs & maintenance: −$1,118
• − Management: −$1,118
• − Depreciation: −$2,324
• Taxable income: $1,471
• Est. tax owed @ 24.0%: −$353
• After-tax cash flow: $2,191/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

+6.7% since first listed

27 events — show timeline

• 2026-04-28 Price Changed $79,900 MiRealSource-MiMLS
• 2026-04-27 Price Changed $79,900 REALCOMP
• 2026-03-25 Price Changed $89,900 MiRealSource-MiMLS
• 2026-03-25 Price Changed $89,900 REALCOMP
• 2026-02-28 Price Changed $99,900 MiRealSource-MiMLS
• 2026-02-27 Price Changed $99,900 REALCOMP
• 2026-02-06 Price Changed $109,900 MiRealSource-MiMLS
• 2026-02-05 Relisted — REALCOMP
• 2026-02-05 Price Changed $109,900 REALCOMP
• 2026-02-05 Relisted — MiRealSource-MiMLS
• 2026-01-30 Pending — REALCOMP
• 2026-01-30 Pending — MiRealSource-MiMLS
• 2026-01-24 Price Changed $116,900 MiRealSource-MiMLS
• 2026-01-23 Price Changed $116,900 REALCOMP
• 2025-12-09 Listed $121,900 REALCOMP
• 2025-12-08 Listed $121,900 MiRealSource-MiMLS
• 2022-07-30 Listing Removed — REALCOMP
• 2022-07-29 Listing Removed — MiRealSource-MiMLS
• 2022-05-26 Price Changed $74,900 REALCOMP
• 2022-05-26 Price Changed $74,900 MiRealSource-MiMLS
• 2022-05-23 Listed $83,900 MiRealSource-MiMLS
• 2022-05-23 Listed $83,900 REALCOMP
• 2021-02-16 Sold (Public Records) $93,000 Public Records
• 2006-03-09 Sold (Public Records) $70,000 Public Records
• 2000-05-04 Sold (Public Records) $72,000 Public Records
• 2000-05-01 Sold (MLS) $72,000 MiRealSource-MiMLS
• 2000-03-02 Listed $74,900 MiRealSource-MiMLS

Property tax history

+2.5%/yr

Latest (2025): $3,068 · -15.1% YoY. Source: county tax records.