2911 Mott Ave,Waterford,MI,48328

Investment Highlights

Rental property for sale in Waterford at 2911 Mott Ave, Waterford, MI, 48328 generates $1,979/mo in rent and, after a $1,165/mo payment, leaves $409/mo in cash flow. Total monthly income is $1,979/mo, and annual cash flow is $4,913/yr on $78,897 invested. Return on cash invested sits at 26.14% in year one, and rental yield is 9.98% on a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 136.79% and total cumulative return in cash sums $107,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,979/mo property income rather than buyer’s personal income.