1263 E Sherman Blvd, Norton Shores, MI, 49444 | $1,319/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

Investment property for sale in Norton Shores at 1263 E Sherman Blvd, Norton Shores, MI, 49444 uses $43,062 cash to close to unlock $15,830/yr annual cash flow and $1,319/mo monthly cash flow. Total monthly income runs $2,176/mo, and a $636/mo payment keeps the spread at $1,319/mo. Purchase price stands at $129,900, and rental yield measures 20.1% with $2,176/mo rent. Return on cash invested shows 56.67% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 300.62% and total cumulative return in cash records $129,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,176/mo property income covering a $636/mo payment rather than investor’s personal income.

Single Family

Built in N/A

10,018 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49444, Muskegon, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,384 (100%)
Owner Occupied HU	8,071 (65.2%)
Renter Occupied HU	3,280 (26.5%)
Vacant Housing Units	1,033 ( 8.3%)
Median Home Value	$195,663
Average Home Value	$213,914