7259 E Houghton Lake Dr,Houghton Lake,MI,48629

Investment Highlights

Investment property for sale in Houghton Lake at 7259 E Houghton Lake Dr, Houghton Lake, MI, 48629 listed at $204,900 pairs $1,740/mo rent with a $1,003/mo payment to leave $389/mo cash flow. Total monthly income runs $1,740/mo, and annual cash flow reaches $4,664/yr on $67,924 cash to close. Return on cash invested measures 26.78% in year one, and rental yield registers 10.19% at a $204,900 basis. Equity gained on principal adds $1,322/yr, and annual property appreciation at 5% supports $56,610 by year five. Five-year ROI tracks 140.22% and total cumulative return in cash totals $95,242. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,740/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).