8239 Knapp RdHoughton LakeMI48629
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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
Investment Highlights
Investment property for sale in Houghton Lake at 8239 Knapp Rd, Houghton Lake, MI, 48629 at $164,700 posts ROI 23.71% with $173/mo cash flow from $1,259/mo rent. Total monthly income equals $1,259/mo, and annual cash flow records $2,076/yr on $54,598 to close. Return on cash invested measures 23.71% and rental yield reads 9.17% at the current $164,700. Equity gained on principal adds $1,063/yr, and 5% annual appreciation supports $45,504 by year five. Five-year ROI prints 123.76% and total cumulative return in cash totals $67,573.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,259/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
0.33 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Barry Fall • ERA Greater North Properties
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1931039
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.