260 Lorberta Ln,Waterford,MI,48328

Investment Highlights

Investment property for sale in Waterford at 260 Lorberta Ln, Waterford, MI, 48328 offers a 11.79% rental yield on a $259,000 purchase with $2,545/mo rent. Total monthly income registers $2,545/mo, and a $1,268/mo payment leaves $837/mo available for distribution. Annual cash flow reaches $10,040/yr on $85,859 to close, and return on cash invested stands at 31.6% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 166.09% and total cumulative return in cash at $142,600. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,545/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.