5167 E Houghton Lake Dr,Houghton Lake,MI,48629

Investment Highlights

Rental property for sale in Houghton Lake at 5167 E Houghton Lake Dr, Houghton Lake, MI, 48629 offers $2,162/mo rent that, after a $1,223/mo payment, leaves $514/mo cash flow. Total monthly income is $2,162/mo, and annual cash flow is $6,170/yr on $82,842 cash. Return on cash invested measures 27.36% in year one, and rental yield stands at 10.38% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 143.37% and total cumulative return in cash reaches $118,766. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,162/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.