6627 Ashley CtWaterfordMI48327
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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 6627 Ashley Ct, Waterford, MI, 48327 generates $3,014/mo in rent and, after a $1,664/mo payment, leaves $772/mo in cash flow. Total monthly income is $3,014/mo, and annual cash flow is $9,266/yr on $112,677 invested. Return on cash invested sits at 28.13% in year one, and rental yield is 10.64% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 147.51% and total cumulative return in cash sums $166,211. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,014/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
9,583 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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