1026 E Hile Rd, Norton Shores, MI, 49441 | $399/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Norton Shores at 1026 E Hile Rd, Norton Shores, MI, 49441 priced at $244,900 converts $2,014/mo rent into $399/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,014/mo, and annual cash flow totals $4,784/yr on $81,184 invested. Return on cash invested prints 25.8% in year one, and rental yield reads 9.87% against a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation compiles into $67,661 by year five. Five-year ROI reaches 134.97% and total cumulative return in cash sums $109,577. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,014/mo property income covering a $1,199/mo payment, not borrower’s personal income.

Single Family

Built in 1945

5,662 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49441, Muskegon, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,684 (100%)
Owner Occupied HU	12,131 (72.7%)
Renter Occupied HU	3,405 (20.4%)
Vacant Housing Units	1,148 ( 6.9%)
Median Home Value	$218,233
Average Home Value	$257,061