1220 S Cass Lake Rd, Waterford, MI, 48328 | 5.63% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Waterford at 1220 S Cass Lake Rd, Waterford, MI, 48328 earns from $1,168/mo rent with a $1,219/mo payment. Total monthly income totals $1,168/mo. ROI tracks 13.01% on current figures, and rental yield reads 5.63% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 66.4% and total cumulative return in cash sums $54,812. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,168/mo property income instead of your personal income.

Single Family

Built in 1950

5,227 sqft lot

$N/A/sqft

No HOA