2960 Cottonwood Dr,Waterford,MI,48328

Investment Highlights

Investment property for sale in Waterford at 2960 Cottonwood Dr, Waterford, MI, 48328 offers a 9.49% rental yield on a $185,000 purchase with $1,463/mo rent. Total monthly income registers $1,463/mo, and a $905/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,922/yr on $61,328 to close, and return on cash invested stands at 24.67% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 128.95% and total cumulative return in cash at $79,083. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,463/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.