213 Old Creek Dr, Saline, MI, 48176 | $606/mo Cash Flow

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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

Rental property for sale in Saline at 213 Old Creek Dr, Saline, MI, 48176 generates $3,118/mo in rent and, after a $1,586/mo payment, leaves $606/mo in cash flow. Total monthly income is $3,118/mo, and annual cash flow is $7,274/yr on $107,406 invested. Return on cash invested sits at 26.68% in year one, and rental yield is 11.55% on a $324,000 entry. Equity gained on principal adds $2,091/yr, while 5% annual appreciation builds toward $89,515 over five years. Five-year ROI reaches 141.24% and total cumulative return in cash sums $151,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,118/mo property income rather than buyer’s personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

$375 monthly HOA