523 Park PlSalineMI48176
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 523 Park Pl, Saline, MI, 48176 in Saline is the 1.53 coverage ratio: rent of $2,050/mo versus a $1,340/mo debt payment on a $297,900 property. Rental yield 8.26%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $82,304 by year five, with $2,744/yr in equity from paydown. Total projected cumulative return: $100,979.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $(215) | $350 |
City averages based on Saline market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,050 |
| Total Monthly Debt Service | $2,146 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
N/A lot
$N/A/sqft
$300 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1986
N/A lot
$N/A/sqft
$300 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
