5407 W Houghton Lake Dr, Houghton Lake, MI, 48629 | $147/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 5407 W Houghton Lake Dr, Houghton Lake, MI, 48629 offers $1,268/mo rent that, after a $832/mo payment, leaves $147/mo cash flow. Total monthly income is $1,268/mo, and annual cash flow is $1,764/yr on $56,355 cash. Return on cash invested measures 23.04% in year one, and rental yield stands at 8.95% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 120.13% and total cumulative return in cash reaches $67,701. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,268/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Multi Family

Built in N/A

8,712 sqft lot

$N/A/sqft

No HOA