1690 E Ricky DrMuskegonMI49445
Nearby investment properties with comparable rents
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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 1690 E Ricky Dr, Muskegon, MI, 49445 earns $2,451/mo cash flow from $6,401/mo rent with a $2,932/mo payment. Total monthly income totals $6,401/mo, and annual cash flow totals $29,408/yr on $197,071 capital. ROI tracks 34.98% on current figures, and rental yield reads 12.82% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 184.18% and total cumulative return in cash sums $362,962. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,401/mo property income instead of your personal income.
Single Family
Built in 2002
1.13 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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