544 Springle DrWaterfordMI48327
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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
Investment Highlights
Rental property for sale in Waterford at 544 Springle Dr, Waterford, MI, 48327 offers $1,794/mo rent that, after a $1,419/mo payment. Total monthly income is $1,794/mo. Return on cash invested measures 18.44% in year one, and rental yield stands at 7.43% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 95.53% and total cumulative return in cash reaches $91,809. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,794/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48327, Waterford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,406 (100%) |
| Owner Occupied HU | 7,149 (68.7%) |
| Renter Occupied HU | 2,960 (28.4%) |
| Vacant Housing Units | 297 ( 2.9%) |
| Median Home Value | $272,306 |
| Average Home Value | $332,538 |
Housing Distribution
Address Breakdown
Residential
10,102
Single Family
8,351
Multi-Family
1,751
Businesses
483
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