103 Alma Ln, Houghton Lake, MI, 48629 | $1,326/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Houghton Lake at 103 Alma Ln, Houghton Lake, MI, 48629 offers a 19.39% rental yield on a $138,600 purchase with $2,240/mo rent. Total monthly income registers $2,240/mo, and a $678/mo payment leaves $1,326/mo available for distribution. Annual cash flow reaches $15,917/yr on $45,946 to close, and return on cash invested stands at 54.55% in year one. Equity gained on principal adds $894/yr while 5% annual appreciation supports $38,293 over five years. Portfolio math shows five-year ROI at 289.21% and total cumulative return in cash at $132,879. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,240/mo property income against a $678/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2004

0.36 Acres lot

$N/A/sqft

No HOA