204 Broadway Rd, Houghton Lake, MI, 48629 | $2,060/mo Cash Flow

Off market

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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

Rental property for sale in Houghton Lake at 204 Broadway Rd, Houghton Lake, MI, 48629 offers $2,897/mo rent that, after a $621/mo payment, leaves $2,060/mo cash flow. Total monthly income is $2,897/mo, and annual cash flow is $24,725/yr on $42,034 cash. Return on cash invested measures 78.73% in year one, and rental yield stands at 27.42% at a $126,800 entry. Equity gained on principal adds $818/yr while 5% annual appreciation compounds into $35,033 by year five. Five-year ROI records 418.84% and total cumulative return in cash reaches $176,058. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,897/mo property income versus a $621/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA