Median home value: $263K (+3.6% YoY). Rent: $1,587/mo. Price-to-rent: 13.8x. Part of Detroit-Warren-Dearborn, MI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Detroit-Warren-Dearborn, MI metro page.
Home Value$263,243
+3.6%
Rent$1,587/mo
AFFORDABILITYRenting $147/mo cheaper ($1,587 rent)6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Waterford.
$52,649 on $263,243
Affordable — 27.7% of income
Under the 28% guideline.
PITI$1,734
P/I27.7%
Afford$266K
Room+$2K
P&I $1,263Tax $338Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing