USLakeFront Lake survey & intelligence

$120,000

2500 Cove Rd, Houghton Lake, MI 38747

Sample listing
4
Bedrooms
2
Bathrooms
2,800
Square feet
150 ft
Shoreline
$800
Per shoreline ft

Year-round home with a screened porch on Houghton Lake. Roughly 150 feet of owned shoreline on 1.57 acres, with 4 bedrooms across 2,800 square feet. No dock. Water clarity on Houghton Lake averages around 6 feet and the lake is classified stable for water level. Dock and shoreline work fall under Michigan EGLE. This is a sample listing used to demonstrate the platform.

Features

Guest quartersDock power and waterOpen floor planGentle slope to waterPrivate dock

Property facts

Property typeEstate Year built1996 Lot size1.57 acres DockNo dock Water depth at dock13 ft ExposureWest-facing ViewSunset Annual taxes$1,012 HOA$45/mo Short-term rentalPermitted Listed2026-08-05
$1,781
All-in monthly
$30,130
Cash to close
$11,370
Costs beyond the obvious

Up front

Down payment$24,000
Closing costs (est. 2.4%)$2,880
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$30,130

Every year

Principal & interest$7,587
Property taxes$1,012
Hazard insurance$1,400
Flood insurance$2,400
HOA / POA dues$540
Utilities$3,780
Maintenance reserve (1.1%)$1,320
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$900
Total$21,369
Adjust these assumptions →
$800
This home / shoreline ft
$5,725
Lake average
$43
Per square foot
Well below the lake average — this property prices at $800 per shoreline foot against a lake average near $5,725, a difference of -86%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year121 Gross revenue$92,094 Lodging tax−$10,130 Management−$16,393 Cleaning & supplies−$18,834 Net operating income$46,737 Against annual carry$25,368
Model your own →
6.2
Lake score
D
Water grade
2 ft
Drawdown
Level stabilityStable Typical clarity6 ft Dock authorityMichigan EGLE
Full Houghton Lake report →
Comparable

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