103 Beech StHoughton LakeMI48629








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Nearby investment properties with comparable prices

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


Investment Highlights
Rental property for sale in Houghton Lake at 103 Beech St, Houghton Lake, MI, 48629 priced at $119,900 pairs $957/mo rent with $166/mo cash flow after a $587/mo payment. Total monthly income equals $957/mo, and annual cash flow comes to $1,994/yr on $39,747 invested. Return on cash invested is 24.93% in year one, and rental yield stands at 9.58% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. Five-year ROI measures 130.36% and total cumulative return in cash reaches $51,816. For financing, Ziffy Mortgage’s DSCR program evaluates $957/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.81 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: KEVIN NAGEL • COLDWELL BANKER SCHMIDT REALTORS-HL
Mls Name: NGLRMLS
Mls ID: #1935817








