106 Lakeview AveHoughton LakeMI48629
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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
Investment Highlights
Investment property for sale in Houghton Lake at 106 Lakeview Ave, Houghton Lake, MI, 48629 earns $276/mo cash flow from $1,390/mo rent with a $827/mo payment. Total monthly income totals $1,390/mo, and annual cash flow totals $3,308/yr on $56,024 capital. ROI tracks 25.81% on current figures, and rental yield reads 9.87% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 135.06% and total cumulative return in cash sums $75,667. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,390/mo property income instead of your personal income.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Connie J Allen • Century 21 Signature Realty - Bay City
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50189283
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