3014 Edgewater Dr,Waterford,MI,48328

Investment Highlights

Rental property for sale in Waterford at 3014 Edgewater Dr, Waterford, MI, 48328 generates $3,034/mo in rent and, after a $1,224/mo payment, leaves $1,385/mo in cash flow. Total monthly income is $3,034/mo, and annual cash flow is $16,620/yr on $82,872 invested. Return on cash invested sits at 39.96% in year one, and rental yield is 14.56% on a $249,990 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,068 over five years. Five-year ROI reaches 210.98% and total cumulative return in cash sums $174,847. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,034/mo property income rather than buyer’s personal income.