3657 E Houghton Lake Dr, Houghton Lake, MI, 48629 | 5.35% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
850 sft

488 McDonald Dr, Houghton Lake, MI, 48629

2 Bed
1 Bath
720 sft

1828 Higgins Rd, Saint Helen, MI, 48656

4 Bed
1 Bath
1915 sft

4815 Knollwood Dr, Harrison, MI, 48625

5 Bed
3 Bath
3459 sft

109 James Sq, Roscommon, MI, 48653

Nearby investment properties with comparable prices

2 Bed
1 Bath
936 sft

104 Kenmore Ave, Roscommon, MI, 48653

2 Bed
2 Bath
1540 sft

140 Dayton St, Roscommon, MI, 48653

3 Bed
3 Bath
2408 sft

6412 E Higgins Lake Dr, Roscommon, MI, 48653

4 Bed
3 Bath
1698 sft

2603 Southcrest Dr, Roscommon, MI, 48653

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 3657 E Houghton Lake Dr, Houghton Lake, MI, 48629 listed at $349,900 pairs $1,559/mo rent with a $1,713/mo payment. Total monthly income runs $1,559/mo. Return on cash invested measures 12.16% in year one, and rental yield registers 5.35% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 61.86% and total cumulative return in cash totals $71,754. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,559/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1958

0.38 Acres lot

$N/A/sqft

No HOA