299 Cloverleaf Ln, Houghton Lake, MI, 48629 | $209/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1010 sft

1854 Grouse Ln, Saint Helen, MI, 48656

3 Bed
1 Bath
1200 sft

4174 N Dorr Rd, Merritt, MI, 49667

3 Bed
2 Bath
1440 sft

507 Englewood Dr, Roscommon, MI, 48653

2 Bed
1 Bath
648 sft

309 Woodlawn Ave, Roscommon, MI, 48653

Nearby investment properties with comparable prices

3 Bed
2 Bath
1404 sft

100 Burning Oak Ct, Roscommon, MI, 48653

2 Bed
1 Bath
704 sft

6891 E Houghton Lake Dr #D, Houghton Lake, MI, 48629

3 Bed
1 Bath
1091 sft

9088 Sunshine Ct, Saint Helen, MI, 48656

1 Bed
1 Bath
768 sft

148 Cottage Dr, Prudenville, MI, 48651

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Houghton Lake at 299 Cloverleaf Ln, Houghton Lake, MI, 48629 with 5% annual appreciation on a $179,500 basis while $1,393/mo rent supports operations. Total monthly income totals $1,393/mo and a $879/mo payment preserves $209/mo for cash returns. Annual cash flow comes to $2,506/yr on $59,504 deployed, and return on cash invested reaches 24.12% in year one. Equity gained on principal adds $1,158/yr, and five-year appreciation sums $49,593 alongside rental yield of 9.31%. Five-year ROI measures 125.95% and total cumulative return in cash totals $74,944.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,393/mo property income versus a $879/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Manufactured

Built in 2000

0.36 Acres lot

$N/A/sqft

No HOA