1403 Houghton View DrHoughton LakeMI48629
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1403 Houghton View Dr, Houghton Lake, MI, 48629 in Houghton Lake speaks for itself: 16.69% gross on a $159,000 price, generating $2,212/mo in rent and $1,163/mo in net income after the $715/mo debt service. DSCR 3.09, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,957 stacks alongside $43,929 in projected five-year appreciation and $1,464/yr in principal reduction. Projected total cumulative return: $135,443.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.7% | 7.0% |
| Monthly Cash Flow | $1,163 | $500 |
City averages based on Houghton Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,212 |
| Total Monthly Debt Service | $985 |
| DSCR Ratio | 2.25x |
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 N/A
7,500 sqft 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 N/A
7,500 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices