5832 OPALINE DR
WATERFORD, MI 48327
List Price
$295,000
Initial Investment
$80,388Purchase Price
$295,000
Down Payment
25%
Rent
$2,440
Total Return
$151,536
Annualized Return
24.3%
Cap Rate
6.4%
Gross Yield
9.9%
Cash Flow
$1,670
Appreciation
8.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,882
HOA
None
Flood Risk
Not Required
Completely Renovated in 2025 – Over 2,000 Sq Ft of Move-In Ready Living!
Welcome to 5832 Opaline Dr—a beautifully updated home offering over 2,000 square feet of living space, fully renovated in 2025. Perfect for a large family, this spacious home is tucked deep into a quiet neighborhood, just a short walk to a great elementary school and offering exclusive access to all-sports Crescent Lake.
Enjoy all the perks of lakefront living—swimming, boating, and relaxing on the beach—without the high taxes or noise. The private beach association includes access to a sandy beach, boat launch, bathhouse, pavilion rental, and available boat docking for a small additional fee.
Step inside to discover a fresh, modern layout with all new finishes throughout. The main floor features a bright kitchen that opens to a large deck, perfect for entertaining, overlooking a fully fenced backyard with a separate gated area ideal for kids or pets.
The primary bedroom suite includes a private vanity area with a sink just outside the en-suite bathroom, offering added convenience and privacy.
The finished basement adds incredible value with a fourth bedroom, a spacious family room with built-in bar, a full bathroom, and a large laundry room—making it a great space for guests, entertaining, or multi-generational living.
This home truly has it all: fully renovated in 2025, lake access, generous space, and a fantastic location. Don’t miss your opportunity to move right in and enjoy!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$27,816Expenses
-$5,209Property Taxes
-$4,900Loan Payments
-$16,038Net Cash Flow
$1,670See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Jacob Herbert
Agent License 6505188713
Jacob Herbert
Agent License 6505188713
Jacob Herbert
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20250023319
Last Updated: 04/07/2025 10:04
MLS #20250023319
Last Updated: 04/07/2025 10:04