1366 S Wolf Lake RdMuskegonMI49442
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 1366 S Wolf Lake Rd, Muskegon, MI, 49442 uses $96,135 cash to close to unlock $312/yr annual cash flow and $26/mo monthly cash flow. Total monthly income runs $1,938/mo, and a $1,419/mo payment keeps the spread at $26/mo. Purchase price stands at $290,000, and rental yield measures 8.02% with $1,938/mo rent. Return on cash invested shows 20.23% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 105.11% and total cumulative return in cash records $101,044. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,938/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.25 Acres 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