1086 Sanford StMuskegonMI49440
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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 Muskegon at 1086 Sanford St, Muskegon, MI, 49440 uses $39,780 cash to close to unlock $6,036/yr annual cash flow and $503/mo monthly cash flow. Total monthly income runs $1,294/mo, and a $587/mo payment keeps the spread at $503/mo. Purchase price stands at $120,000, and rental yield measures 12.94% with $1,294/mo rent. Return on cash invested shows 35.08% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 184.72% and total cumulative return in cash records $73,483. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,294/mo property income covering a $587/mo payment rather than investor’s personal income.
Multi Family
Built in 1800
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49440, Muskegon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 938 (100%) |
| Owner Occupied HU | 230 (24.5%) |
| Renter Occupied HU | 610 (65.0%) |
| Vacant Housing Units | 98 (10.4%) |
| Median Home Value | $116,667 |
| Average Home Value | $197,446 |
Housing Distribution
Address Breakdown
Residential
1,000
Single Family
560
Multi-Family
440
Businesses
223
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