3633 Richmond Ave, Waterford, MI, 48328 | $798/mo Cash Flow

Off market

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NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Waterford at 3633 Richmond Ave, Waterford, MI, 48328 uses $112,226 cash to close to unlock $9,582/yr annual cash flow and $798/mo monthly cash flow. Total monthly income runs $3,031/mo, and a $1,657/mo payment keeps the spread at $798/mo. Purchase price stands at $338,540, and rental yield measures 10.74% with $3,031/mo rent. Return on cash invested shows 28.45% in year one, and 5% annual appreciation builds toward $93,532 over five years. Five-year ROI reaches 149.18% and total cumulative return in cash records $167,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,031/mo property income covering a $1,657/mo payment rather than investor’s personal income.

Single Family

Built in 2016

7,492 sqft lot

$N/A/sqft

No HOA