1550 Haverhill RdMuskegonMI49441
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 1550 Haverhill Rd, Muskegon, MI, 49441 at $316,000 posts ROI 22.07% with $188/mo cash flow from $2,364/mo rent. Total monthly income equals $2,364/mo, and annual cash flow records $2,261/yr on $104,754 to close. Return on cash invested measures 22.07% and rental yield reads 8.98% at the current $316,000. Equity gained on principal adds $2,039/yr, and 5% annual appreciation supports $87,305 by year five. Five-year ROI prints 115.35% and total cumulative return in cash totals $120,835.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,364/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49441, Muskegon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,684 (100%) |
| Owner Occupied HU | 12,131 (72.7%) |
| Renter Occupied HU | 3,405 (20.4%) |
| Vacant Housing Units | 1,148 ( 6.9%) |
| Median Home Value | $218,233 |
| Average Home Value | $257,061 |
Housing Distribution
Address Breakdown
Residential
16,562
Single Family
14,651
Multi-Family
1,911
Businesses
889
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