6119 W Nestel Rd, Houghton Lake, MI, 48629 | $1,002/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 6119 W Nestel Rd, Houghton Lake, MI, 48629 generates $3,376/mo in rent and, after a $1,762/mo payment, leaves $1,002/mo in cash flow. Total monthly income is $3,376/mo, and annual cash flow is $12,024/yr on $119,340 invested. Return on cash invested sits at 29.98% in year one, and rental yield is 11.25% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 157.38% and total cumulative return in cash sums $187,821. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,376/mo property income rather than buyer’s personal income.

Single Family

Built in 1971

1.20 Acres lot

$N/A/sqft

No HOA