676 W Michigan Ave,Saline,MI,48176

Investment Highlights

Rental property for sale in Saline at 676 W Michigan Ave, Saline, MI, 48176 priced at $374,900 pairs $2,568/mo rent with $96/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,568/mo, and annual cash flow comes to $1,148/yr on $124,279 invested. Return on cash invested is 20.83% in year one, and rental yield stands at 8.22% on a $374,900 basis. Equity gained on principal adds $2,419/yr, and 5% annual appreciation accumulates to $103,578 by year five. Five-year ROI measures 108.33% and total cumulative return in cash reaches $134,635. For financing, Ziffy Mortgage’s DSCR program evaluates $2,568/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.