500 Lake Village AveWaterfordMI48328
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Waterford rentals match the income profile of 500 Lake Village Ave, Waterford, MI, 48328. Listed at $430,845, gross rent is $5,963/mo and net cash flow is $3,082/mo, a 16.61% yield well above national averages. DSCR 3.08 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $119,035 by year five with $3,968/yr in annual principal reduction, projecting $362,662 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.6% | 6.5% |
| Monthly Cash Flow | $3,082 | $450 |
City averages based on Waterford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,963 |
| Total Monthly Debt Service | $2,710 |
| DSCR Ratio | 2.20x |
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.
Single Family
Built in 2024
6,000 sqft lot
$N/A/sqft
$40 monthly HOA
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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
Single Family
Built in 2024
6,000 sqft lot
$N/A/sqft
$40 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices