13595 W Shore DrHoughton LakeMI48629
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 13595 W Shore Dr, Houghton Lake, MI, 48629 in Houghton Lake is listed at $177,900 and delivers $1,579/mo in rent and $406/mo in net monthly cash flow. The 10.65% yield and 1.97 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $49,150 over five years, and $1,638/yr in principal reduction supplements cash return. Total projected cumulative return: $93,902.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 7.0% |
| Monthly Cash Flow | $406 | $500 |
City averages based on Houghton Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,579 |
| Total Monthly Debt Service | $1,102 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2014
0.34 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2014
0.34 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol Farnan • FIRST CHOICE REALTY
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1927271
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.