3398 Tower Hill Rd, Houghton Lake, MI, 48629 | $1,681/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1829 sft

345 Bright Angel Dr, Prudenville, MI, 48651

5 Bed
1 Bath
1600 sft

5200 W M 18, Gladwin, MI, 48624

2 Bed
1 Bath
950 sft

1246 Long Point Dr, Houghton Lake, MI, 48629

- Bed
10 Bath
35186 sft

3956 N M 18, Gladwin, MI, 48624

Nearby investment properties with comparable prices

Investment Property+ 1 more

$ 132,500

ROI

Cash Flow/m

2 Bed
1 Bath
858 sft

2303 Iroquois Ave, Prudenville, MI, 48651

2 Bed
1 Bath
776 sft

5086 Pointview Dr, Harrison, MI, 48625

2 Bed
2 Bath
816 sft

2173 Voyager St, Saint Helen, MI, 48656

2 Bed
1 Bath
720 sft

9545 Hughes Rd, Harrison, MI, 48625

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 3398 Tower Hill Rd, Houghton Lake, MI, 48629 listed at $154,900 pairs $2,702/mo rent with a $758/mo payment to leave $1,681/mo cash flow. Total monthly income runs $2,702/mo, and annual cash flow reaches $20,168/yr on $51,349 cash to close. Return on cash invested measures 59.19% in year one, and rental yield registers 20.93% at a $154,900 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,796 by year five. Five-year ROI tracks 314.03% and total cumulative return in cash totals $161,252. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,702/mo property income relative to a $758/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1977

0.31 Acres lot

$N/A/sqft

No HOA