Real Estate Investing in Waterford, Michigan

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

3 ZIP codes • Population: 70,274 • Oakland County

☆ Watch this market Free account

Should you buy in Waterford, MI? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Waterford, MI?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.5% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $280,194
Avg Monthly Rent $1,375
ZIP Codes 3

Investing in Waterford Real Estate

Waterford (Michigan) spans 3 ZIPs and roughly a sizable population. firmly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

The investment case for Waterford is difficult to make on screen data alone. a challenging fit for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

The $1,375/mo / $280K relationship in Waterford looks soft once vacancy and capex are incorporated into underwriting. leans the realized yield tends to disappoint.

Distressed-leaning demographics in Waterford — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Detroit-Warren-Dearborn, MI

Waterford is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Waterford, MI. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Waterford, MI?

~25 seconds · no account needed · your report is anonymous

Property managers serving Oakland County

Manage rentals here? List your business →

Symmetry Management specializes in commercial real estate management. summary from their website

Commercial
Unclaimed — is this your business? Claim it free

Beacon Management offers property management services for various communities and properties across Michigan, including Ann Arbor, Auburn Hills, Bloomfield Hills, Canton, and Southfield. summary from their website

Unclaimed — is this your business? Claim it free

Great Day Realty is a real estate company. summary from their website

Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$280,194
Avg Monthly Rent
$1,375
1% Rule
✗ Below
Landlord Friendly (MI)

🎓 Colleges & Universities in Waterford

3 Colleges 100 Students
C+
D&S School of Cosmetology
Vocational For-Profit · 3 students
C
Marketti Academy of Cosmetology
Vocational For-Profit · 45 students
C
Port Huron Cosmetology College
Vocational For-Profit · 52 students

ZIP Codes in Waterford, MI

Screen every ZIP in Waterford

Filter Waterford’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Waterford, MI

What type of investing works in Waterford, MI?

A careful cash-flow rentals with hands-on management strategy Waterford, MI best. The market produces measured results for that approach at the $280K price point.

Are eviction rules reasonable in Waterford, MI?

Waterford, MI falls under MI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

Is Waterford, MI a good market for buy-and-hold investors?

Investors tracking Waterford, MI will find a 3.0/5 rating supported by $280K median home values and $1,375/mo rents. That profile suits long-term holders targeting even-keeled returns.

Is the tenant base reliable in Waterford, MI?

The renter base in Waterford, MI is reasonable for the $1,375/mo price point. Screening well and pricing to market typically yields steady tenants.

Is vacancy a concern in Waterford, MI?

Expect elevated vacancy in Waterford, MI. Rents at $1,375/mo are absorbed by the tenant base without meaningful lag.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Waterford, MI.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.