1206 Saltsprings Dr, Saline, MI, 48176 | $697/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saline at 1206 Saltsprings Dr, Saline, MI, 48176 earns $697/mo cash flow from $3,335/mo rent with a $1,958/mo payment. Total monthly income totals $3,335/mo, and annual cash flow totals $8,364/yr on $132,600 capital. ROI tracks 26.22% on current figures, and rental yield reads 10.01% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 137.2% and total cumulative return in cash sums $181,924. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,335/mo property income instead of your personal income.

Condo

Built in 2024

1,306 sqft lot

$N/A/sqft

No HOA