203 Gasoline AlyHoughton LakeMI48629
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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
Investment Highlights
Rental property for sale in Houghton Lake at 203 Gasoline Aly, Houghton Lake, MI, 48629 priced at $199,750 pairs $1,396/mo rent with $78/mo cash flow after a $978/mo payment. Total monthly income equals $1,396/mo, and annual cash flow comes to $941/yr on $66,217 invested. Return on cash invested is 21.33% in year one, and rental yield stands at 8.39% on a $199,750 basis. Equity gained on principal adds $1,289/yr, and 5% annual appreciation accumulates to $55,187 by year five. Five-year ROI measures 111.04% and total cumulative return in cash reaches $73,525. For financing, Ziffy Mortgage’s DSCR program evaluates $1,396/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
4,356 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Louis Bitto • USA #1 Realty LLC
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50164568
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