0out of 100
Good Deal

2214 Prescott Avenue, Saginaw, MI, USA

Score Breakdown
Value40/40
Cash Flow35/35
Location8/25
$
$17,520
%
$3,504 cash at risk up front
83
2214 Prescott Avenue, Saginaw, MI, USA
2 bd1 ba816 sqft

Good Deal

83/100

This is an excellent deal — priced below the local market with healthy equity after repairs. Watch that the neighborhood scores low.

Highlights
  • 91% below area price per sqft
  • $148k potential equity (207%)
  • $540/mo positive cash flow
  • 37.29% cap rate
Watch-outs
  • Neighborhood scores 67/100

Price vs. Market

Good
Your offer
$21/sqft
Area avg
$58/sqft
64% below market average
You save ~$30,192 vs buying at market rate
Your offer
$17,520
At market rate
$47,328

ARV Assessment

GoodLive · LLM + comps
ARV Low
$72k
Est. ARV
$96k
ARV High
$120k
Total Investment
$40k
Est. ARV
$96k
Rehab Cost
$22k
Potential Equity
$56k
Comparable Reasoning

The ARV range for the subject property after full renovation is estimated between $72,000 and $120,000 based on selected comparables.

2 more details
Condition Assessment

Property presents in cosmetic condition. Estimated rehab of $22k covers paint, flooring, and fixtures.

Methodology

Sales-comparison approach using 6 live sold comps from Realtor.com (filtered from 10 candidates), evaluated by LLM for proximity, recency, and renovation quality.

High confidence6 live sold comps

Comparable Sales

6 comps
2506 Owen St, Saginaw, MI
85% match
$75,000
$53/sqft
2506 Owen St, Saginaw, MI
3 1 1,4250.25 mi
1922 Lowell Ave, Saginaw, MI
90% match
$60,000
$64/sqft
1922 Lowell Ave, Saginaw, MI
2 1 9400.24 mi
2604 Owen St, Saginaw, MI
87% match
$65,900
$85/sqft
2604 Owen St, Saginaw, MI
2 1 7720.29 mi
1603 Spruce St, Saginaw, MI
82% match
$50,000
$22/sqft
1603 Spruce St, Saginaw, MI
4 2.5 2,2810.56 misold Aug 2025
$58,500
$40/sqft
1929 Prescott Ave, Saginaw, MI
2 1 1,4580.20 misold Aug 2025
View listing
$85,000
$64/sqft
1035 E Holland Ave, Saginaw, MI
1 1,3290.65 misold Jan 2026
View listing
ARV & comps — see the full analysis on Offa

Rental Income

GoodLive · 8 comps
25th pct
$850
Median /mo
$880
75th pct
$970
Monthly Rent
$880
Annual Rent
$11k
Rental Yield
60.3%
Cap Rate
33.1%
Market Assessment

Median area rent is $880/mo based on 8 comps. Standard deviation $109/mo indicates consistent pricing in the area.

2 more details
Comparable Reasoning

Based on 8 comparable rentals within 2.0 miles of similar houses, monthly rents range from $850 (25th percentile) to $970 (75th percentile), with a median of $880.

Methodology

Median + 25th/75th percentile of comparable Realtor.com rentals within 2.0 miles. Standard deviation: $109.

Based on 8 rental comps within 2.0 mi · σ $109
Rental analysis — see the full analysis on Offa

Financing Calculator

GoodLive rate · Freddie Mac
Using the current 6.65% 30-yr fixed national average (as of 2026-08-20). Adjust below to match your quote.
Price
$17,520
Loan
$14,016
$3,504
%
%
↓ Monthly Costs
↑ Income Potential
Principal + Interest$90/mo
Estimated Rent$880/mo
Taxes + Insurance$360/mo
Cash-on-Cash Return20.23%
Total Payment
$450/mo
Monthly Cash Flow
+$430/mo
Positive cash flow: $430/mo

Neighborhood Profile

Needs WorkLive Data
ETier
Developing Neighborhood26/100
Composite socioeconomic score
Median Income
$38k
Median Home
$55k
Median Rent
$836/mo
Homeownership
66.08%
Vacancy
17.17%
Population
32,069
Score Breakdown
Income & Wealth
16
Housing Market
26
Education
8
Employment
25
Stability
72
Infrastructure
54
Neighborhood data — see the full analysis on Offa

City Population

Needs WorkLive Data
Saginaw, MI
10-year population trend
-13.5% / decade
City Population
43,879
Density / sq mi
2,567
Area (sq mi)
17
Within 1 Mile
10,000
1-Mile Density
3,185
Trend Years
2014–2023

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