4771 Fiddle Ave,Waterford,MI,48328

Investment Highlights

Investment property for sale in Waterford at 4771 Fiddle Ave, Waterford, MI, 48328 uses $89,505 cash to close to unlock $4,524/yr annual cash flow and $377/mo monthly cash flow. Total monthly income runs $2,158/mo, and a $1,322/mo payment keeps the spread at $377/mo. Purchase price stands at $270,000, and rental yield measures 9.59% with $2,158/mo rent. Return on cash invested shows 24.96% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 130.48% and total cumulative return in cash records $116,785. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,158/mo property income covering a $1,322/mo payment rather than investor’s personal income.