2950 Porlas Pl · Saginaw, MI 48603

$179,900

4 bd · 2.0 ba · 1,824 sqft · SingleFamily public records · 27 Days on market

Built 1965 10,019 sqft lot Est $164k · 10% 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 +19.9/30.0
• DSCR +6.3/10.0
• 1% rule +4.5/10.0
• Rent growth +4.4/5.0
• ARV discount +3.2/15.0
• Livability +3.2/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Motivated Sellers! Welcome to 2950 Porlas Place, a beautifully maintained 4-bedroom, 2-bath bi-level home offering 1,824 sq ft of comfortable living in a quiet Saginaw Township neighborhood. Thoughtful updates provide peace of mind, including a 2019 roof, 2019 central air, 2020 gutters, and refreshed bathrooms, updated laundry room, new flooring through the lower level, and newer appliances. Enjoy a bright and inviting layout with spacious living and family rooms, well-sized bedrooms on both levels, and a charming sunroom that opens to a large deck—perfect for relaxing or entertaining. The semi-private backyard with no neighbors behind you adds a rare sense of privacy. Additional highlights include a 2-car detached garage, newer fencing, and a new sump pump, making this home move-in ready with valuable improvements already completed. This home has all the perks of a large home in the Township, without the large price tag. Schedule your showing today! Agent Owned Property

Key facts

• New flooring
• Refreshed bathrooms
• 2019 roof

Tags

• 2019 ROOF
• 2019 CENTRAL AIR
• 2020 GUTTERS
• REFRESHED BATHROOMS
• UPDATED LAUNDRY ROOM
• NEW FLOORING

Property features AI

Finance

• Other: Subdivision: PORLAS; Located near Shattuck Rd and Bay Rd
• HOA & community: Part of a homeowners association

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single family residence; Two levels
• Construction: Aluminum siding; Built on a foundation with a basement
• Exterior features: Public sewer available; Public water

Interior

• Kitchen: Dishwasher; Disposal; Freezer; Microwave; Refrigerator
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air; Ceiling fan(s); Forced air heating; Natural gas heating
• Interior features: Dishwasher; Disposal; Freezer; Microwave; Refrigerator
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $217 ($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 $172k (4.6% below list).
• Recommended offer: $172k (4.6% below list) — sets the bar for 1% rule.

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 Township Community Schools (suburban): math 27% / reading 45% proficiency, ranked #265 of 540 in MI (top 49%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+7.7%/yr); 156 active listings in the ZIP; 154 units permitted in Saginaw County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($66k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• At projected returns (-3.0% appreciation + 7.7% rent growth), your $50k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 8y ago; this cycle's ask has dropped $15k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $147k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $171,617 (4.6% below list)

Questions for the listing agent

1. Built in 1965 — 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: 0.95% ✗
• Cap rate: 7.74%
• Cash-on-cash: 5.18%
• DSCR: 1.23
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $164,160
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2950 Porlas Pl	0.00mi	4/2.0	1,824 (0%)	1mo	$185,000	$101	99
1924 Reo St	0.41mi	4/1.0	1,776 (-3%)	8mo	$139,500	$79	66
2695 Starlite Dr	0.50mi	5/2.5 (+1)	1,754 (-4%)	6mo	$248,000	$141	58
3535 Hermansau Dr	0.55mi	3/2.0 (-1)	1,736 (-5%)	9mo	$215,000	$124	54
2437 Barnard St	0.61mi	5/2.5 (+1)	1,949 (+7%)	2mo	$169,900	$87	52
2319 Delaware Blvd	0.70mi	3/1.5 (-1)	1,734 (-5%)	2mo	$166,000	$96	50
2332 Mershon St	0.67mi	4/1.5	1,977 (+8%)	4mo	$130,000	$66	50
2456 Barnard St	0.56mi	3/2.0 (-1)	1,610 (-12%)	2mo	$145,000	$90	47
2917 N Michigan Ave	0.57mi	4/1.0	1,609 (-12%)	4mo	$125,000	$78	46
2419 Barnard St	0.65mi	5/1.5 (+1)	1,644 (-10%)	2mo	$160,000	$97	45
814 Ash St	0.74mi	4/2.0	1,600 (-12%)	6mo	$60,000	$38	40
3004 Harrison St	0.73mi	4/2.5	2,091 (+15%)	4mo	$46,000	$22	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 · 7.71% rent growth · sell at horizon

5-year hold

• IRR: -3.5%
• Equity multiple: 0.86×
• Total profit: $-6,831
• Equity at exit: $26,824

10-year hold

• IRR: 10.7%
• Equity multiple: 2.00×
• Total profit: $50,255
• Equity at exit: $15,554

Cash invested: $50,372 (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 48603

• Rents YoY: 7.7%
• Active inventory: 156
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,716 medium
• Mortgage (P&I): −$943
• Tax from tax record: −$120 /mo · $1,441/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$360
• Net cashflow: $217

Break-even live

Break-even rent $1,441

Max offer price $179,900

Occupancy floor 82%

Sensitivity live

Price	-10% $319	-5% $268	+0% $217	+5% $166	+10% $115
Rent	-10% $82	-5% $150	+0% $217	+5% $285	+10% $353
Rate	-1.0pp $308	-0.5pp $263	base $217	+0.5pp $171	+1.0pp $123

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Listing history 36 events

1. 2026-04-19
   status Pending

   Show marketing remark (993 chars)

   Motivated Sellers! Welcome to 2950 Porlas Place, a beautifully maintained 4-bedroom, 2-bath bi-level home offering 1,824 sq ft of comfortable living in a quiet Saginaw Township neighborhood. Thoughtful updates provide peace of mind, including a 2019 roof, 2019 central air, 2020 gutters, and refreshed bathrooms, updated laundry room, new flooring through the lower level, and newer appliances. Enjoy a bright and inviting layout with spacious living and family rooms, well-sized bedrooms on both levels, and a charming sunroom that opens to a large deck—perfect for relaxing or entertaining. The semi-private backyard with no neighbors behind you adds a rare sense of privacy. Additional highlights include a 2-car detached garage, newer fencing, and a new sump pump, making this home move-in ready with valuable improvements already completed. This home has all the perks of a large home in the Township, without the large price tag. Schedule your showing today! Agent Owned Property

2. 2026-04-19
   status Pending 993-char remark

   Show marketing remark (993 chars)

   Motivated Sellers! Welcome to 2950 Porlas Place, a beautifully maintained 4-bedroom, 2-bath bi-level home offering 1,824 sq ft of comfortable living in a quiet Saginaw Township neighborhood. Thoughtful updates provide peace of mind, including a 2019 roof, 2019 central air, 2020 gutters, and refreshed bathrooms, updated laundry room, new flooring through the lower level, and newer appliances. Enjoy a bright and inviting layout with spacious living and family rooms, well-sized bedrooms on both levels, and a charming sunroom that opens to a large deck—perfect for relaxing or entertaining. The semi-private backyard with no neighbors behind you adds a rare sense of privacy. Additional highlights include a 2-car detached garage, newer fencing, and a new sump pump, making this home move-in ready with valuable improvements already completed. This home has all the perks of a large home in the Township, without the large price tag. Schedule your showing today! Agent Owned Property

3. 2026-04-15
   price $179,900 993-char remark

   Show marketing remark (993 chars)

   Motivated Sellers! Welcome to 2950 Porlas Place, a beautifully maintained 4-bedroom, 2-bath bi-level home offering 1,824 sq ft of comfortable living in a quiet Saginaw Township neighborhood. Thoughtful updates provide peace of mind, including a 2019 roof, 2019 central air, 2020 gutters, and refreshed bathrooms, updated laundry room, new flooring through the lower level, and newer appliances. Enjoy a bright and inviting layout with spacious living and family rooms, well-sized bedrooms on both levels, and a charming sunroom that opens to a large deck—perfect for relaxing or entertaining. The semi-private backyard with no neighbors behind you adds a rare sense of privacy. Additional highlights include a 2-car detached garage, newer fencing, and a new sump pump, making this home move-in ready with valuable improvements already completed. This home has all the perks of a large home in the Township, without the large price tag. Schedule your showing today! Agent Owned Property

4. 2026-04-15
   price $179,900

   Show marketing remark (993 chars)

   Motivated Sellers! Welcome to 2950 Porlas Place, a beautifully maintained 4-bedroom, 2-bath bi-level home offering 1,824 sq ft of comfortable living in a quiet Saginaw Township neighborhood. Thoughtful updates provide peace of mind, including a 2019 roof, 2019 central air, 2020 gutters, and refreshed bathrooms, updated laundry room, new flooring through the lower level, and newer appliances. Enjoy a bright and inviting layout with spacious living and family rooms, well-sized bedrooms on both levels, and a charming sunroom that opens to a large deck—perfect for relaxing or entertaining. The semi-private backyard with no neighbors behind you adds a rare sense of privacy. Additional highlights include a 2-car detached garage, newer fencing, and a new sump pump, making this home move-in ready with valuable improvements already completed. This home has all the perks of a large home in the Township, without the large price tag. Schedule your showing today! Agent Owned Property

5. 2026-03-24
   listed $195,000 Active
6. 2026-03-23
   listed $195,000 Active 993-char remark

   Show marketing remark (993 chars)

   Motivated Sellers! Welcome to 2950 Porlas Place, a beautifully maintained 4-bedroom, 2-bath bi-level home offering 1,824 sq ft of comfortable living in a quiet Saginaw Township neighborhood. Thoughtful updates provide peace of mind, including a 2019 roof, 2019 central air, 2020 gutters, and refreshed bathrooms, updated laundry room, new flooring through the lower level, and newer appliances. Enjoy a bright and inviting layout with spacious living and family rooms, well-sized bedrooms on both levels, and a charming sunroom that opens to a large deck—perfect for relaxing or entertaining. The semi-private backyard with no neighbors behind you adds a rare sense of privacy. Additional highlights include a 2-car detached garage, newer fencing, and a new sump pump, making this home move-in ready with valuable improvements already completed. This home has all the perks of a large home in the Township, without the large price tag. Schedule your showing today! Agent Owned Property

7. 2023-09-21
   soldstatus $147,000 Sold 383-char remark

   Show marketing remark (383 chars)

   This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

8. 2023-09-21
   soldstatus $147,000 Closed

   Show marketing remark (383 chars)

   This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

9. 2023-09-21
   soldstatus $147,000

   Show marketing remark (383 chars)

   This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

10. 2023-08-24
    status Pending 383-char remark

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

11. 2023-08-24
    status Pending

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

12. 2023-08-19
    price $149,900

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

13. 2023-08-19
    price $149,900 383-char remark

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

14. 2023-08-19
    status Active 383-char remark

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

15. 2023-08-19
    status Active

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

16. 2023-08-04
    status Pending 383-char remark

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

17. 2023-08-04
    status Active 383-char remark

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

18. 2023-08-04
    status Pending

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

19. 2023-08-04
    status Active

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

20. 2023-08-04
    historical 383-char remark

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

21. 2023-08-04
    historical

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

22. 2023-07-28
    status Pending 383-char remark

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

23. 2023-07-28
    status Pending

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

24. 2023-07-26
    historical Contingent - Continue To Show 383-char remark

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

25. 2023-07-26
    historical Keep Showing-Contgcy Appl

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

26. 2023-07-15
    listed $152,900 Active 383-char remark

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

27. 2023-07-15
    listed $152,900 Active

    Show marketing remark (383 chars)

    This 4 bedroom 2 full bath has plenty of room. Updates include, 2019-roof, 2019-central air, 2020-gutters, as well as, updated kitchen counter tops, ceramic tile, newer fence, new sump pump, newer dishwasher, washer and appliances. Nice semi-private backyard with no neighbors behind you. The sunroom and deck are a great place for entertaining family and friends. Come check it out.

28. 2018-11-02
    soldstatus $109,000
29. 2018-10-12
    soldstatus $109,900
30. 2018-10-12
    soldstatus $109,900 Closed
31. 2018-09-10
    status Pending
32. 2018-07-17
    price $109,900
33. 2018-06-13
    price $114,900
34. 2018-05-18
    price $119,900
35. 2018-04-23
    listed $109,900
36. 2018-04-23
    listed $124,900 Active

ⓘ 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: $1,441 · $120/mo
• Projected year-2 tax: $2,106 · $175/mo
• Expected delta: +$665/yr (+$55/mo · 46.1%)

ⓘ 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: $20,594
• − Mortgage interest: −$10,077
• − Property taxes: −$1,441
• − Insurance: −$900
• − Repairs & maintenance: −$1,648
• − Management: −$1,648
• − Depreciation: −$5,233
• Taxable loss: −$352
• Est. tax savings @ 24.0%: +$85
• After-tax cash flow: $2,692/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 Township Community Schools
• NCES district ID: 2630450
• Math proficiency: 27% ▼ -9.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $48,971
• Composite: 31.01/100
• National rank: #6094
• State rank: #265 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

• County: Saginaw County · 54,884 people
• City population: 54,884
• Metro: Saginaw, MI
• Population (ZIP): 27,757
• Household income: $66,352
• Rent vs Own: 33.1% rent · 66.9% own
• Severe rent burden: 1106.0

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: Predominantly White (70%)
• Race & ethnicity: White 70% Black 12% Hispanic / Latino 10% Asian 5% Two or more races 5%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Romanian 8% Lithuanian 7% Slovak 3%
• Foreign-born: 6% · Canada, China
• Languages at home: 93% English-only · Other Indo-European 3% Spanish 2% Other Asian/Pacific 1%

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: ▼ -103.35%
• Current HPI: 152.7507
• Rent YoY: ▲ 7.71%
• 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

+63.7% since first listed

36 events — show timeline

• 2026-04-19 Pending — REALCOMP
• 2026-04-19 Pending — MiRealSource-MiMLS
• 2026-04-15 Price Changed $179,900 MiRealSource-MiMLS
• 2026-04-15 Price Changed $179,900 REALCOMP
• 2026-03-24 Listed $195,000 REALCOMP
• 2026-03-23 Listed $195,000 MiRealSource-MiMLS
• 2023-09-21 Sold (Public Records) $147,000 Public Records
• 2023-09-21 Sold (MLS) $147,000 MiRealSource-MiMLS
• 2023-09-21 Sold (MLS) $147,000 REALCOMP
• 2023-08-24 Pending — REALCOMP
• 2023-08-24 Pending — MiRealSource-MiMLS
• 2023-08-19 Price Changed $149,900 MiRealSource-MiMLS
• 2023-08-19 Price Changed $149,900 REALCOMP
• 2023-08-19 Relisted — REALCOMP
• 2023-08-19 Relisted — MiRealSource-MiMLS
• 2023-08-04 Pending — REALCOMP
• 2023-08-04 Relisted — REALCOMP
• 2023-08-04 Pending — MiRealSource-MiMLS
• 2023-08-04 Relisted — MiRealSource-MiMLS
• 2023-08-04 Listing Removed — MiRealSource-MiMLS
• 2023-08-04 Listing Removed — REALCOMP
• 2023-07-28 Pending — REALCOMP
• 2023-07-28 Pending — MiRealSource-MiMLS
• 2023-07-26 Contingent — REALCOMP
• 2023-07-26 Contingent — MiRealSource-MiMLS
• 2023-07-15 Listed $152,900 MiRealSource-MiMLS
• 2023-07-15 Listed $152,900 REALCOMP
• 2018-11-02 Sold (Public Records) $109,000 Public Records
• 2018-10-12 Sold (MLS) $109,900 MiRealSource-MiMLS
• 2018-10-12 Sold (MLS) $109,900 REALCOMP
• 2018-09-10 Pending — MiRealSource-MiMLS
• 2018-07-17 Price Changed $109,900 MiRealSource-MiMLS
• 2018-06-13 Price Changed $114,900 MiRealSource-MiMLS
• 2018-05-18 Price Changed $119,900 MiRealSource-MiMLS
• 2018-04-23 Listed $124,900 MiRealSource-MiMLS
• 2018-04-23 Listed $109,900 REALCOMP

Property tax history

+1.0%/yr

Latest (2025): $1,441 · -48.1% YoY. Source: county tax records.