107 Pepperell Ave, Houghton Lake, MI, 48629 | $362/mo Cash Flow

For Sale

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 107 Pepperell Ave, Houghton Lake, MI, 48629 offers a 9.12% rental yield on a $359,000 purchase with $2,729/mo rent. Total monthly income registers $2,729/mo, and a $1,757/mo payment leaves $362/mo available for distribution. Annual cash flow reaches $4,340/yr on $119,009 to close, and return on cash invested stands at 23.56% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 122.94% and total cumulative return in cash at $146,311. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,729/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2001

1.13 Acres lot

$N/A/sqft

No HOA