495 Old Creek Ct,Saline,MI,48176

Investment Highlights

Rental property for sale in Saline at 495 Old Creek Ct, Saline, MI, 48176 priced at $369,900 pairs $2,675/mo rent with $236/mo cash flow after a $1,810/mo payment. Total monthly income equals $2,675/mo, and annual cash flow comes to $2,834/yr on $122,622 invested. Return on cash invested is 22.22% in year one, and rental yield stands at 8.68% on a $369,900 basis. Equity gained on principal adds $2,387/yr, and 5% annual appreciation accumulates to $102,197 by year five. Five-year ROI measures 115.81% and total cumulative return in cash reaches $142,006. For financing, Ziffy Mortgage’s DSCR program evaluates $2,675/mo property income against a $1,810/mo payment instead of your W2s, 1099s, or Tax returns.