449 Shoreview Dr,Waterford,MI,48328

Investment Highlights

Rental property for sale in Waterford at 449 Shoreview Dr, Waterford, MI, 48328 priced at $384,900 pairs $3,144/mo rent with $606/mo cash flow after a $1,884/mo payment. Total monthly income equals $3,144/mo, and annual cash flow comes to $7,268/yr on $127,594 invested. Return on cash invested is 25.61% in year one, and rental yield stands at 9.8% on a $384,900 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,341 by year five. Five-year ROI measures 133.93% and total cumulative return in cash reaches $170,883. For financing, Ziffy Mortgage’s DSCR program evaluates $3,144/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.