3786 W Houghton Lake Dr #12 & 13,Houghton Lake,MI,48629

Investment Highlights

Rental property for sale in Houghton Lake at 3786 W Houghton Lake Dr #12 & 13, Houghton Lake, MI, 48629 generates $1,554/mo in rent and, after a $876/mo payment, leaves $374/mo in cash flow. Total monthly income is $1,554/mo, and annual cash flow is $4,484/yr on $59,339 invested. Return on cash invested sits at 27.47% in year one, and rental yield is 10.42% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 143.91% and total cumulative return in cash sums $85,395. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,554/mo property income rather than buyer’s personal income.