224 Wallace Dr,Saline,MI,48176

Investment Highlights

Investment property for sale in Saline at 224 Wallace Dr, Saline, MI, 48176 offers a 9.77% rental yield on a $340,000 purchase with $2,767/mo rent. Total monthly income registers $2,767/mo, and a $1,664/mo payment leaves $525/mo available for distribution. Annual cash flow reaches $6,300/yr on $112,710 to close, and return on cash invested stands at 25.5% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 133.34% and total cumulative return in cash at $150,282. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,767/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.