1255 Catherine AveMuskegonMI49442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1255 Catherine Ave, Muskegon, MI, 49442 listed at $212,999 pairs $1,741/mo rent with a $1,043/mo payment to leave $336/mo cash flow. Total monthly income runs $1,741/mo, and annual cash flow reaches $4,031/yr on $70,609 cash to close. Return on cash invested measures 25.62% in year one, and rental yield registers 9.81% at a $212,999 basis. Equity gained on principal adds $1,374/yr, and annual property appreciation at 5% supports $58,848 by year five. Five-year ROI tracks 133.98% and total cumulative return in cash totals $94,605. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,741/mo property income relative to a $1,043/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49442, Muskegon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,983 (100%) |
| Owner Occupied HU | 11,457 (63.7%) |
| Renter Occupied HU | 5,476 (30.5%) |
| Vacant Housing Units | 1,050 ( 5.8%) |
| Median Home Value | $154,938 |
| Average Home Value | $173,213 |
Housing Distribution
Address Breakdown
Residential
17,334
Single Family
14,290
Multi-Family
3,044
Businesses
817
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices