6891 E Houghton Lake Dr #DHoughton LakeMI48629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6891 E Houghton Lake Dr #D, Houghton Lake, MI, 48629 uses $50,852 cash to close to unlock $3,111/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,271/mo, and a $751/mo payment keeps the spread at $259/mo. Purchase price stands at $153,400, and rental yield measures 9.94% with $1,271/mo rent. Return on cash invested shows 26.03% in year one, and 5% annual appreciation builds toward $42,382 over five years. Five-year ROI reaches 136.26% and total cumulative return in cash records $69,293. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,271/mo property income covering a $751/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.74 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A