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Jenn Smart

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220 S Carolina , Saginaw, MI 48602
$64,900
Est. Payment: $338.20/mo
2 Bed
1 Bath
1300 Sqft
Status: active | Days on site: 64
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

**Turnkey Investment Opportunity - Tenant in Place at $900/Month!** Excellent opportunity to add a stabilized, income-producing property to your portfolio. This well-maintained home is currently tenant occupied and generating **$900 per month**, providing immediate rental income from day one and eliminating the initial vacancy period that often comes with acquiring a new investment property. The home offers a functional layout, comfortable living areas, and practical everyday space that continues to appeal to long-term renters. With established occupancy already in place, this property is ideal for investors looking for a straightforward buy-and-hold opportunity with existing cash flow and long-term upside. Conveniently located near downtown Saginaw, shopping, restaurants, schools, parks, healthcare facilities, and major roadways, the property offers easy access throughout the Great Lakes Bay Region while remaining in an established residential neighborhood with consistent rental demand. Whether you're an experienced investor expanding your portfolio or purchasing your first rental, this property offers an attractive combination of **current income, affordable entry point, location, and future appreciation potential**. **Currently rented for $900 per month. Tenant occupied. Please do not disturb tenants. Showings by confirmed appointment only.** **Novation:** Buyer holds an equitable interest in the property and is marketing the property with the owner's authorization for the purpose of locating a new buyer.

Highlights

Listed by Sonny Kaushik , 810-209-9995 and Deepika Ghotra , 810-247-5239 Ikon Property Group , 810-209-9995. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.12

Year Built

1904

County

Saginaw

Area

Saginaw (73039)

Neighborhood

Storchs Add

School District

Saginaw City School District

Listing ID

61006637

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Above Ground Sq Ft:1300
Water:Public Water

Exterior Features

Lot Dimensions:44.5X120
Parking Features:Detached Garage
Principal Interest
$338
Taxes
$132

Home Price

$64,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$12,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$338.20

Principal

Taxes

Principal Taxes HOA Total
Monthly $338.20 $131.92 $0.00 $470.12
Yearly $4,058.44 $1,583.00 $0.00 $5,641.44
Total $121,753.05 $47,490.00 $0.00 $169,243.05
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Saginaw, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T01:10:54.300Z

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