120 Marina St, Houghton Lake, MI, 48629 | $141/mo Cash Flow

For Sale

Motivated Seller

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 120 Marina St, Houghton Lake, MI, 48629 earns $141/mo cash flow from $1,690/mo rent with a $1,150/mo payment. Total monthly income totals $1,690/mo, and annual cash flow totals $1,686/yr on $77,903 capital. ROI tracks 22.07% on current figures, and rental yield reads 8.63% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 115% and total cumulative return in cash sums $89,584. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,690/mo property income instead of your personal income.

Single Family

Built in 1965

N/A lot

$N/A/sqft

No HOA