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Market MapSaginaw, MI
Metropolitan Area

Saginaw, MI

Michigan03 counties
76
/100
Strong Buy
#56 of 894 metros
Top 6% nationally for investing

Market Snapshot

$164,025
Median Home Price
33% below national median
$1,059/mo
Median Rent
24% below national median
7.74%
Rent-to-Price Ratio
Top 14% nationally
-$172
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$164,025
Down Payment (20%)$32,805
Loan Amount$131,220
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,059
Monthly P&I-$860
Est. Expenses (35%)-$371
Net Cash Flow-$172/mo
5.0%
Cap Rate (all cash)
-5.5%
Cash-on-Cash Return
7.74%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 5.0% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
76/100
76
Cash Flow(30%)
77/100

Based on 7.74% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
84/100

Based on 8.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
95/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (7.74%)
  • +Strong price appreciation (+8.0% YoY)
  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

  • -Negative leverage (cap rate 5.0% < mortgage rate 6.9%)

Counties in Saginaw, MI

Best Overall
Saginaw
MI - Score: 76
Best Cash Flow
Midland
MI - Score: 74
Verdict
SaginawMI
189,82176$159,607$9887.42%Strong BuyView
BayMI
103,75275$171,846$1,1117.76%Strong BuyView
MidlandMI
83,50374$228,990$1,5157.94%BuyView

Click any county to see detailed investment analysis

Compare to Similar Metros

Metro AreaVerdict
Decatur, IL
Decatur, IL
85$118,242$1,02110.36%Strong BuyView
Paducah, KY
Paducah, KY
82$165,710$1,2919.35%Strong BuyView
Indiana, PA
Indiana, PA
82$158,790$1,37610.40%Strong BuyView
Connersville, IN
Connersville, IN
82$158,083Est.Strong BuyView
Enid, OK
Enid, OK
81$137,435$1,0769.39%Strong BuyView
Current
Saginaw, MI
76$164,025$1,0597.74%Strong Buy

The Bottom Line

Strong BuySaginaw, MI is a strong buy market with excellent fundamentals for buy-and-hold investors.

The Saginaw, MI metro area scores 76/100, ranking #56 of 894 US metros (top 6%). The 7.74% rent-to-price ratio indicates moderate cash flow potential. Among 3 counties, Saginaw shows the strongest investment potential (score: 76).

Monthly Cash Flow
$-172/mo
Cap Rate
5.0%
Cash-on-Cash
-6.3%

Ready to Invest in Saginaw, MI?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit propertiesBest CountySaginaw
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