2385 W Houghton Lake Dr,Houghton Lake,MI,48629

Investment Highlights

Rental property for sale in Houghton Lake at 2385 W Houghton Lake Dr, Houghton Lake, MI, 48629 generates $3,300/mo in rent and, after a $1,786/mo payment, leaves $894/mo in cash flow. Total monthly income is $3,300/mo, and annual cash flow is $10,722/yr on $120,998 invested. Return on cash invested sits at 28.77% in year one, and rental yield is 10.85% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 150.9% and total cumulative return in cash sums $182,587. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,300/mo property income rather than buyer’s personal income.