1490 Hansen 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 1490 Hansen St, Muskegon, MI, 49445 listed at $276,800 pairs $2,464/mo rent with a $1,355/mo payment to leave $638/mo cash flow. Total monthly income runs $2,464/mo, and annual cash flow reaches $7,661/yr on $91,759 cash to close. Return on cash invested measures 28.26% in year one, and rental yield registers 10.68% at a $276,800 basis. Equity gained on principal adds $1,786/yr, and annual property appreciation at 5% supports $76,475 by year five. Five-year ROI tracks 148.16% and total cumulative return in cash totals $135,948. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,464/mo property income relative to a $1,355/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.29 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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