4984 Oak Hill DrWaterford TownshipMI48329
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 4984 Oak Hill Dr, Waterford Township, MI, 48329 in Waterford Township offers it: the 1.70 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 9.2%. Long-term, 5% appreciation is forecast to add $45,586, and $1,520/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $74,270.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.9% |
| Monthly Cash Flow | $(152) | $1,200 |
City averages based on Waterford Township market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,265 |
| Total Monthly Debt Service | $1,022 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48329, Waterford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,362 (100%) |
| Owner Occupied HU | 9,063 (87.5%) |
| Renter Occupied HU | 975 ( 9.4%) |
| Vacant Housing Units | 324 ( 3.1%) |
| Median Home Value | $287,295 |
| Average Home Value | $402,478 |
Housing Distribution
Address Breakdown
Residential
10,396
Single Family
10,257
Multi-Family
139
Businesses
577
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48329, Waterford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,362 (100%) |
| Owner Occupied HU | 9,063 (87.5%) |
| Renter Occupied HU | 975 ( 9.4%) |
| Vacant Housing Units | 324 ( 3.1%) |
| Median Home Value | $287,295 |
| Average Home Value | $402,478 |
Housing Distribution
Address Breakdown
Residential
10,396
Single Family
10,257
Multi-Family
139
Businesses
577
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MiRealSource
Mls ID: #50204007