2100 Finch Dr · Bridgeport, MI 48601

$149,000

3 bd · 1.5 ba · 1,304 sqft · SingleFamily public records · 19 Days on market

Built 1967 Est $145k · 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 +17.8/30.0
• ARV discount +6.2/15.0
• DSCR +5.6/10.0
• 1% rule +3.6/10.0
• 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

A lot of potential in this 3bed/1bath brick ranch. Home is on a full basement and has a two car attached garage including a large workshop, and nice size yard without any neighbors behind you. Bedrooms have original hardwood floors, shared bathroom has double sinks, and the roof, furnace, and water heater were replaced in 2016.

Key facts

• Spacious backyard
• Attached workshop
• Quiet neighborhood

Tags

• FULL UNFINISHED BASEMENT
• SPACIOUS BACKYARD
• ATTACHED WORKSHOP
• QUIET NEIGHBORHOOD

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $149k.

Deal economics

• At list price, monthly cash flow is $123 ($1k/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 $128k (14.4% below list).
• Recommended offer: $128k (14.4% below list) — sets the bar for 1% rule.

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, amenities 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.
• Zoned schools: Martin G Atkins Elementary School (math 8% / reading 12%, grade F, #1,277 of 1,397 statewide, top 93%, 346 students, 95% FRL); Bridgeportspaulding Middle Schoolschrah (math 7% / reading 20%, grade F, #462 of 493 statewide, top 94%, 365 students, 97% FRL); Bridgeport High School (math 8% / reading 22%, grade F, #640 of 713 statewide, top 91%, 501 students, 88% FRL) — zoned schools average 93% FRL vs 75% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 200 active listings in the ZIP; 1 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 $1k of loan paydown is wiped out by about $4k 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

• It's been on market 19 days — a 2% lower offer ($147k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y 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 $73k; list at $149k implies a 104% gain — meaningful room to come down on a strong offer.

Recommended offer $127,500 (14.4% below list)

Questions for the listing agent

1. Built in 1967 — 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: 0.86% ✗
• Cap rate: 7.29%
• Cash-on-cash: 3.55%
• DSCR: 1.16
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $144,744
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3445 Bluebird Dr	0.06mi	3/1.5	1,456 (+12%)	0mo	$160,000	$110	77
3436 Creekwood Dr	0.43mi	3/2.0	1,176 (-10%)	2mo	$159,900	$136	60
3599 Williamson Rd	0.59mi	3/1.5	1,232 (-6%)	21mo	$136,400	$111	46
2746 Briarwood Dr	0.64mi	4/1.5 (+1)	1,384 (+6%)	22mo	$149,900	$108	36

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: -10.8%
• Equity multiple: 0.61×
• Total profit: $-16,354
• Equity at exit: $22,216

10-year hold

• IRR: -1.5%
• Equity multiple: 0.89×
• Total profit: $-4,405
• Equity at exit: $12,883

Cash invested: $41,720 (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: 200
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,275 medium
• Mortgage (P&I): −$781
• Tax from tax record: −$40 /mo · $484/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$268
• Net cashflow: $123

Break-even live

Break-even rent $1,119

Max offer price $149,000

Occupancy floor 85%

Sensitivity live

Price	-10% $208	-5% $166	+0% $123	+5% $81	+10% $39
Rent	-10% $23	-5% $73	+0% $123	+5% $174	+10% $224
Rate	-1.0pp $198	-0.5pp $161	base $123	+0.5pp $85	+1.0pp $46

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: $37,250
• Closing costs: $4,470
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2601 Germain Dr Saginaw, MI	3.0	1.5	1554	$1,275	$0.82	45d	1	0.86mi

Listing history 14 events

1. 2026-06-21
   days on market $149,000 Active 19 DOM
2. 2026-06-21
   days on market $149,000 Active 18 DOM
3. 2026-06-18
   days on market $149,000 Active 16 DOM
4. 2026-06-17
   days on market $149,000 Active 15 DOM
5. 2026-06-16
   days on market $149,000 Active 14 DOM
6. 2026-06-15
   days on market $149,000 Active 13 DOM
7. 2026-06-13
   days on market $149,000 Active 11 DOM
8. 2026-06-12
   days on market $149,000 Active 10 DOM
9. 2026-06-09
   days on market $149,000 Active 7 DOM
10. 2026-06-08
    days on market $149,000 Active 6 DOM
11. 2026-06-07
    days on market $149,000 Active 5 DOM
12. 2026-06-07
    days on market $149,000 Active 4 DOM
13. 2026-06-02
    remarks 679-char remark
14. 2026-06-02
    listed $149,000 Active 1 DOM

ⓘ 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: $484 · $40/mo
• Projected year-2 tax: $1,390 · $116/mo
• Expected delta: +$905/yr (+$75/mo · 186.8%)

ⓘ 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: $15,300
• − Mortgage interest: −$8,346
• − Property taxes: −$484
• − Insurance: −$745
• − Repairs & maintenance: −$1,224
• − Management: −$1,224
• − Depreciation: −$4,335
• Taxable loss: −$1,058
• Est. tax savings @ 24.0%: +$254
• After-tax cash flow: $1,735/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

• Census place: Bridgeport, MI
• 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

+113.2% since first listed

7 events — show timeline

• 2026-05-29 Listed $149,000 Fizber.com
• 2021-06-29 Sold (MLS) $73,000 MiRealSource-MiMLS
• 2021-06-29 Sold (MLS) $73,000 REALCOMP
• 2021-04-28 Pending — REALCOMP
• 2021-04-28 Pending — MiRealSource-MiMLS
• 2021-04-21 Listed $69,900 MiRealSource-MiMLS
• 2021-04-21 Listed $69,900 REALCOMP

Property tax history

-10.8%/yr

Latest (2025): $484 · -82.0% YoY. Source: county tax records.