3039 Edgefield Dr,Waterford,MI,48328

Investment Highlights

Investment property for sale in Waterford at 3039 Edgefield Dr, Waterford, MI, 48328 listed at $349,900 pairs $3,005/mo rent with a $1,713/mo payment to leave $697/mo cash flow. Total monthly income runs $3,005/mo, and annual cash flow reaches $8,366/yr on $115,992 cash to close. Return on cash invested measures 27.12% in year one, and rental yield registers 10.31% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 142.08% and total cumulative return in cash totals $164,802. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,005/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).