200 Oliver Dr, Houghton Lake, MI, 48629 | $370/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 200 Oliver Dr, Houghton Lake, MI, 48629 listed at $148,000 pairs $1,346/mo rent with a $724/mo payment to leave $370/mo cash flow. Total monthly income runs $1,346/mo, and annual cash flow reaches $4,445/yr on $49,062 cash to close. Return on cash invested measures 28.97% in year one, and rental yield registers 10.91% at a $148,000 basis. Equity gained on principal adds $955/yr, and annual property appreciation at 5% supports $40,890 by year five. Five-year ROI tracks 152.02% and total cumulative return in cash totals $74,582. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,346/mo property income relative to a $724/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1924

5,000 sqft lot

$N/A/sqft

No HOA