1211 Sumac StMuskegonMI49445
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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 1211 Sumac St, Muskegon, MI, 49445 uses $92,787 cash to close to unlock $5,066/yr annual cash flow and $422/mo monthly cash flow. Total monthly income runs $2,268/mo, and a $1,370/mo payment keeps the spread at $422/mo. Purchase price stands at $279,900, and rental yield measures 9.72% with $2,268/mo rent. Return on cash invested shows 25.37% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 132.71% and total cumulative return in cash records $123,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,268/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49445, Muskegon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,170 (100%) |
| Owner Occupied HU | 7,894 (86.1%) |
| Renter Occupied HU | 841 ( 9.2%) |
| Vacant Housing Units | 435 ( 4.7%) |
| Median Home Value | $254,048 |
| Average Home Value | $302,893 |
Housing Distribution
Address Breakdown
Residential
8,798
Single Family
8,584
Multi-Family
214
Businesses
443
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