104 Parsons LnSalineMI48176
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Saline at 104 Parsons Ln, Saline, MI, 48176 at $405,600 posts ROI 53.16% with $3,725/mo cash flow from $6,450/mo rent. Total monthly income equals $6,450/mo, and annual cash flow records $44,706/yr on $134,456 to close. Return on cash invested measures 53.16% and rental yield reads 19.08% at the current $405,600. Equity gained on principal adds $2,617/yr, and 5% annual appreciation supports $112,060 by year five. Five-year ROI prints 281.84% and total cumulative return in cash totals $378,958.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,450/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
4,356 sqft lot
$N/A/sqft
$600 annually HOA
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Listed by: Vanessa Veri • @properties Christie's Int'l RE Northville
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20240072211
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2024 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2024-10-14 05:45:48 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702