Houghton Lake, MI

6 Bed | 4 Bath | 2,244 sq ft. | Sleeps 14

Maximize Cash Flow: 3-Unit Waterfront Opportunity

This property is a rare opportunity to own a versatile, high-potential short-term rental investment on 100 feet of sandy beachfront. With a fully remodeled primary home, two beautifully updated studio cottages, and existing income from 36 boat slips, this property is primed for immediate cash flow and future expansion. The short-term rental Net Operating Income forecast sits at just over $63K. Plus, commercial zoning and amenity add-ons like pontoon and kayak rentals offer even more revenue potential.

Why We Love It

• Revedy forecasts a 6.9% CAP rate and 5.4% Cash-on-Cash Return
• Remodeled home + 2 STR-ready cottages with waterfront views
• Additional income from 36 boat slips
• Expansion potential + commercial zoning for future income growth