251 Doremus Ave, Waterford, MI, 48328 | $552/mo Cash Flow

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 251 Doremus Ave, Waterford, MI, 48328 uses $109,395 cash to close to unlock $6,624/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $2,728/mo, and a $1,615/mo payment keeps the spread at $552/mo. Purchase price stands at $330,000, and rental yield measures 9.92% with $2,728/mo rent. Return on cash invested shows 25.96% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 135.82% and total cumulative return in cash records $148,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,728/mo property income covering a $1,615/mo payment rather than investor’s personal income.

Single Family

Built in 1953

3.51 Acres lot

$N/A/sqft

No HOA