16 Black Cherry Ln, Saline, MI, 48176 | $18/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1803 sft

823 Kelpie Dr, Ann Arbor, MI, 48108

2 Bed
2 Bath
1500 sft

300 Hamilton St APT 307, Plymouth, MI, 48170

4 Bed
2 Bath
2472 sft

470 W Bemis Rd, Saline, MI, 48176

4 Bed
2 Bath
2912 sft

11121 Home Shore Dr, Pinckney, MI, 48169

Nearby investment properties with comparable prices

4 Bed
3 Bath
2816 sft

The Berkeley Plan, Prospect Pointe West, Superior Township, MI, 48198

3 Bed
3 Bath
2107 sft

7016 Black Cherry Ln, Saline, MI, 48176

- Bed
- Bath
- sft

Woodland Way #4BN25F, Manchester, MI, 48158

4 Bed
3 Bath
2606 sft

9200 Dogwood Ct, Dexter, MI, 48130

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Saline at 16 Black Cherry Ln, Saline, MI, 48176 uses $201,615 cash to close to unlock $219/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $4,409/mo, and a $2,999/mo payment keeps the spread at $18/mo. Purchase price stands at $612,813, and rental yield measures 8.63% with $4,409/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $169,309 over five years. Five-year ROI reaches 105.5% and total cumulative return in cash records $212,702. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,409/mo property income covering a $2,999/mo payment rather than investor’s personal income.

Condo

Built in 2023

N/A lot

$N/A/sqft

$350 monthly HOA