2515 Normadele Ave,Waterford,MI,48328

Investment Highlights

Investment property for sale in Waterford at 2515 Normadele Ave, Waterford, MI, 48328 listed at $220,000 pairs $1,858/mo rent with a $1,077/mo payment to leave $407/mo cash flow. Total monthly income runs $1,858/mo, and annual cash flow reaches $4,884/yr on $72,930 cash to close. Return on cash invested measures 26.61% in year one, and rental yield registers 10.13% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 139.27% and total cumulative return in cash totals $101,567. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,858/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).