1012 La Salle Ave,Waterford,MI,48328

Investment Highlights

Investment property for sale in Waterford at 1012 La Salle Ave, Waterford, MI, 48328 uses $69,615 cash to close to unlock $7,788/yr annual cash flow and $649/mo monthly cash flow. Total monthly income runs $2,034/mo, and a $1,028/mo payment keeps the spread at $649/mo. Purchase price stands at $210,000, and rental yield measures 11.62% with $2,034/mo rent. Return on cash invested shows 31.1% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 163.35% and total cumulative return in cash records $113,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $1,028/mo payment rather than investor’s personal income.