620 Waters Way, Watervliet, MI, 49098 | $3,100/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Watervliet at 620 Waters Way, Watervliet, MI, 49098 with 5% annual appreciation on a $299,990 basis while $5,086/mo rent supports operations. Total monthly income totals $5,086/mo and a $1,468/mo payment preserves $3,100/mo for cash returns. Annual cash flow comes to $37,198/yr on $99,447 deployed, and return on cash invested reaches 57.31% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,882 alongside rental yield of 20.34%. Five-year ROI measures 303.98% and total cumulative return in cash totals $302,301.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,086/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2024

0.51 Acres lot

$N/A/sqft

$98 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49098, Watervliet, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,880 (100%)
Owner Occupied HU	1,776 (61.7%)
Renter Occupied HU	544 (18.9%)
Vacant Housing Units	560 (19.4%)
Median Home Value	$207,993
Average Home Value	$291,250