204 Broadway RdHoughton LakeMI48629
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Houghton Lake rentals match the income profile of 204 Broadway Rd, Houghton Lake, MI, 48629. Listed at $126,800, gross rent is $2,897/mo and net cash flow is $2,061/mo, a 27.41% yield well above national averages. DSCR 5.08 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $35,033 by year five with $1,168/yr in annual principal reduction, projecting $180,946 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 27.4% | 7.0% |
| Monthly Cash Flow | $2,061 | $500 |
City averages based on Houghton Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,897 |
| Total Monthly Debt Service | $786 |
| DSCR Ratio | 3.69x |
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
N/A 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
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A