256 Nichols Dr,Saline,MI,48176

Investment Highlights

Rental property for sale in Saline at 256 Nichols Dr, Saline, MI, 48176 generates $2,388/mo in rent and, after a $1,674/mo payment, leaves $133/mo in cash flow. Total monthly income is $2,388/mo, and annual cash flow is $1,591/yr on $113,373 invested. Return on cash invested sits at 21.31% in year one, and rental yield is 8.38% on a $342,000 entry. Equity gained on principal adds $2,207/yr, while 5% annual appreciation builds toward $94,488 over five years. Five-year ROI reaches 110.91% and total cumulative return in cash sums $125,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,388/mo property income rather than buyer’s personal income.