1602 Salt Springs Dr,Saline,MI,48176

Investment Highlights

Investment property for sale in Saline at 1602 Salt Springs Dr, Saline, MI, 48176 listed at $388,975 pairs $3,398/mo rent with a $1,904/mo payment to leave $833/mo cash flow. Total monthly income runs $3,398/mo, and annual cash flow reaches $9,993/yr on $128,945 cash to close. Return on cash invested measures 27.66% in year one, and rental yield registers 10.48% at a $388,975 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,467 by year five. Five-year ROI tracks 144.93% and total cumulative return in cash totals $186,874. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,398/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).