3300 E Houghton Lake DrHoughton LakeMI48629
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 3300 E Houghton Lake Dr, Houghton Lake, MI, 48629 in Houghton Lake. At $103,400 it earns $1,110/mo in rent and distributes $428/mo to the owner after the $465/mo payment, a consistent 12.88% yield. DSCR 2.39 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $28,568 in value; $952/yr in principal paydown compounds ownership stake. Total projected return: $66,990.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 7.0% |
| Monthly Cash Flow | $428 | $500 |
City averages based on Houghton Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,110 |
| Total Monthly Debt Service | $641 |
| DSCR Ratio | 1.73x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A