7416 Secretariat DrSalineMI48176
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 7416 Secretariat Dr, Saline, MI, 48176 in Saline worth modelling. At $975,000 with a 8.19% gross yield, the $6,653/mo rent leaves $190/mo after the $4,384/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.52 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $269,375 by year five; $8,980/yr in principal reduction adds further equity. Total projected return: $383,837.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $190 | $350 |
City averages based on Saline market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,653 |
| Total Monthly Debt Service | $6,075 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 2013
0.88 Acres lot
$N/A/sqft
$400 annually 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
Single Family
Built in 2013
0.88 Acres lot
$N/A/sqft
$400 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn Vish • Wentworth Real Estate Group
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250022406
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-04-10 07:58:38 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702