1546 Loumilen DrMuskegonMI49445
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
Rental property for sale in Muskegon at 1546 Loumilen Dr, Muskegon, MI, 49445 priced at $284,900 pairs $2,417/mo rent with $539/mo cash flow after a $1,394/mo payment. Total monthly income equals $2,417/mo, and annual cash flow comes to $6,464/yr on $94,444 invested. Return on cash invested is 26.75% in year one, and rental yield stands at 10.18% on a $284,900 basis. Equity gained on principal adds $1,838/yr, and 5% annual appreciation accumulates to $78,713 by year five. Five-year ROI measures 140.09% and total cumulative return in cash reaches $132,311. For financing, Ziffy Mortgage’s DSCR program evaluates $2,417/mo property income against a $1,394/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
0.39 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
