530 Michelson Rd, Houghton Lake, MI, 48629 | $198/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Houghton Lake at 530 Michelson Rd, Houghton Lake, MI, 48629 offers $1,450/mo rent that, after a $929/mo payment, leaves $198/mo cash flow. Total monthly income is $1,450/mo, and annual cash flow is $2,378/yr on $62,952 cash. Return on cash invested measures 23.69% in year one, and rental yield stands at 9.16% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 123.7% and total cumulative return in cash reaches $77,873. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,450/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1975

13 Acres lot

$N/A/sqft

No HOA