308 Wallace Dr,Saline,MI,48176

Investment Highlights

Investment property for sale in Saline at 308 Wallace Dr, Saline, MI, 48176 offers a 8.32% rental yield on a $359,900 purchase with $2,494/mo rent. Total monthly income registers $2,494/mo, and a $1,762/mo payment leaves $120/mo available for distribution. Annual cash flow reaches $1,442/yr on $119,307 to close, and return on cash invested stands at 21.12% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 109.89% and total cumulative return in cash at $131,102. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,494/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.