113 Wells, Houghton Lake, MI, 48629 | 5.13% Rental Yield

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 113 Wells, Houghton Lake, MI, 48629 listed at $279,900 pairs $1,196/mo rent with a $1,370/mo payment. Total monthly income runs $1,196/mo. Return on cash invested measures 11.5% in year one, and rental yield registers 5.13% at a $279,900 basis. Equity gained on principal adds $1,806/yr, and annual property appreciation at 5% supports $77,331 by year five. Five-year ROI tracks 58.34% and total cumulative return in cash totals $54,133. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,196/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1990

8,712 sqft lot

$N/A/sqft

No HOA