43 Doremus Ave,Waterford,MI,48328

Investment Highlights

Rental property for sale in Waterford at 43 Doremus Ave, Waterford, MI, 48328 offers $1,558/mo rent that, after a $979/mo payment, leaves $239/mo cash flow. Total monthly income is $1,558/mo, and annual cash flow is $2,868/yr on $66,300 cash. Return on cash invested measures 24.23% in year one, and rental yield stands at 9.35% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 126.56% and total cumulative return in cash reaches $83,912. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,558/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.