970 Henderson Ave,Waterford,MI,48328

Investment Highlights

Rental property for sale in Waterford at 970 Henderson Ave, Waterford, MI, 48328 generates $2,173/mo in rent and, after a $1,077/mo payment, leaves $722/mo in cash flow. Total monthly income is $2,173/mo, and annual cash flow is $8,664/yr on $72,930 invested. Return on cash invested sits at 31.79% in year one, and rental yield is 11.85% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 167.07% and total cumulative return in cash sums $121,847. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,173/mo property income rather than buyer’s personal income.