207 Butterfield LnHoughton LakeMI48629








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


Investment Highlights
Rental property for sale in Houghton Lake at 207 Butterfield Ln, Houghton Lake, MI, 48629 priced at $174,900 pairs $1,380/mo rent with $227/mo cash flow after a $856/mo payment. Total monthly income equals $1,380/mo, and annual cash flow comes to $2,720/yr on $57,979 invested. Return on cash invested is 24.6% in year one, and rental yield stands at 9.47% on a $174,900 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,322 by year five. Five-year ROI measures 128.55% and total cumulative return in cash reaches $74,532. For financing, Ziffy Mortgage’s DSCR program evaluates $1,380/mo property income against a $856/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.27 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Mark A DeMers • RE/MAX Classic
Mls Name: Realcomp II
Mls ID: #20240024952








