209 Deer Track DrHoughton 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
Investment property for sale in Houghton Lake at 209 Deer Track Dr, Houghton Lake, MI, 48629 earns $140/mo cash flow from $898/mo rent with a $563/mo payment. Total monthly income totals $898/mo, and annual cash flow totals $1,674/yr on $38,123 capital. ROI tracks 24.3% on current figures, and rental yield reads 9.37% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 126.97% and total cumulative return in cash sums $48,405. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $898/mo property income instead of your personal income.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Christopher L Paffi • smith realty GROUP
Mls Name: WWMLS
Mls Provider:
Mls ID: #201832947
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