2006 Watkins Lake Rd,Waterford,MI,48328

Investment Highlights

Investment property for sale in Waterford at 2006 Watkins Lake Rd, Waterford, MI, 48328 listed at $1,307,000 pairs $2,034/mo rent with a $6,397/mo payment. Total monthly income runs $2,034/mo. Return on cash invested measures 1.71% in year one, and rental yield registers 1.87% at a $1,307,000 basis. Equity gained on principal adds $8,434/yr, and annual property appreciation at 5% supports $361,100 by year five. Five-year ROI tracks 5.7% and total cumulative return in cash totals $24,149. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,034/mo property income relative to a $6,397/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).