3112 Hidden Ridge Dr #2,Waterford,MI,48328

Investment Highlights

Investment property for sale in Waterford at 3112 Hidden Ridge Dr #2, Waterford, MI, 48328 offers a 9.09% rental yield on a $185,000 purchase with $1,401/mo rent. Total monthly income registers $1,401/mo, and a $905/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,178/yr on $61,328 to close, and return on cash invested stands at 23.46% 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 122.45% and total cumulative return in cash at $75,099. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,401/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.