1790 Bonneville DrNorton ShoresMI49441








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 Norton Shores at 1790 Bonneville Dr, Norton Shores, MI, 49441 with 5% annual appreciation on a $285,000 basis while $3,876/mo rent supports operations. Total monthly income totals $3,876/mo and a $1,395/mo payment preserves $1,978/mo for cash returns. Annual cash flow comes to $23,741/yr on $94,478 deployed, and return on cash invested reaches 45.04% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 16.32%. Five-year ROI measures 238.23% and total cumulative return in cash totals $225,078.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,876/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Birgitta G Boynton • Greenridge Realty Muskegon
Mls Name: MichRIC
Mls Provider:
Mls ID: #24044432
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.







