202 Forestville DrHoughton LakeMI48629








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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


Investment Highlights
Investment property for sale in Houghton Lake at 202 Forestville Dr, Houghton Lake, MI, 48629 earns $486/mo cash flow from $2,201/mo rent with a $1,273/mo payment. Total monthly income totals $2,201/mo, and annual cash flow totals $5,832/yr on $86,190 capital. ROI tracks 26.68% on current figures, and rental yield reads 10.16% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 139.65% and total cumulative return in cash sums $120,365. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,201/mo property income instead of your personal income.
Manufactured
Built in 2002
0.63 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Tamara McLeod Helsel • City2Shore Real Estate Northern Michigan
Mls Name: NGLRMLS
Mls ID: #1933136








