104 Flora Ave, Houghton Lake, MI, 48629 | $261/mo Cash Flow

For Sale

Rental Income

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

Rental property for sale in Houghton Lake at 104 Flora Ave, Houghton Lake, MI, 48629 priced at $120,000 converts $1,052/mo rent into $261/mo cash flow after a $587/mo obligation. Total monthly income equals $1,052/mo, and annual cash flow totals $3,132/yr on $39,780 invested. Return on cash invested prints 27.78% in year one, and rental yield reads 10.52% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 145.57% and total cumulative return in cash sums $57,907. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,052/mo property income covering a $587/mo payment, not borrower’s personal income.

Single Family

Built in N/A

5,000 sqft lot

$N/A/sqft

No HOA