1404 Salt Springs Dr,Saline,MI,48176

Investment Highlights

Rental property for sale in Saline at 1404 Salt Springs Dr, Saline, MI, 48176 priced at $422,215 converts $2,130/mo rent into after a $2,067/mo obligation. Total monthly income equals $2,130/mo. Return on cash invested prints 14.3% in year one, and rental yield reads 6.05% against a $422,215 entry. Equity gained on principal adds $2,724/yr, while 5% annual appreciation compiles into $116,650 by year five. Five-year ROI reaches 73.3% and total cumulative return in cash sums $102,594. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,130/mo property income covering a $2,067/mo payment, not borrower’s personal income.