3860 Tower Hill RdHoughton LakeMI48629








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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


Investment Highlights
Investment property for sale in Houghton Lake at 3860 Tower Hill Rd, Houghton Lake, MI, 48629 uses $58,676 cash to close to unlock $2,509/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $1,376/mo, and a $866/mo payment keeps the spread at $209/mo. Purchase price stands at $177,000, and rental yield measures 9.33% with $1,376/mo rent. Return on cash invested shows 24.19% in year one, and 5% annual appreciation builds toward $48,902 over five years. Five-year ROI reaches 126.39% and total cumulative return in cash records $74,159. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,376/mo property income covering a $866/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.32 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Steven Koleno • Beycome Brokerage Realty LLC
Mls Name: WWMLS
Mls ID: #201838208







