229B Beechwood AveHoughton 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 229B Beechwood Ave, Houghton Lake, MI, 48629 offers $2,232/mo rent that, after a $1,415/mo payment, leaves $326/mo cash flow. Total monthly income is $2,232/mo, and annual cash flow is $3,908/yr on $95,804 cash. Return on cash invested measures 23.99% in year one, and rental yield stands at 9.27% at a $289,000 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,845 by year five. Five-year ROI records 125.26% and total cumulative return in cash reaches $120,002. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,232/mo property income versus a $1,415/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
4,356 sqft lot
$N/A/sqft
No HOA
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Listed by: Boals Masse Team • NextHome Up North
Mls Name: WWMLS
Mls Provider:
Mls ID: #201831329
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