130 Calvert Ave,Waterford,MI,48328

Investment Highlights

Investment property for sale in Waterford at 130 Calvert Ave, Waterford, MI, 48328 at $229,900 posts ROI 29.01% with $578/mo cash flow from $2,094/mo rent. Total monthly income equals $2,094/mo, and annual cash flow records $6,938/yr on $76,212 to close. Return on cash invested measures 29.01% and rental yield reads 10.93% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 152.24% and total cumulative return in cash totals $116,027.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,094/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).