1813 N Buys RdMuskegonMI49445
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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
Rental property for sale in Muskegon at 1813 N Buys Rd, Muskegon, MI, 49445 offers $3,743/mo rent that, after a $2,315/mo payment, leaves $624/mo cash flow. Total monthly income is $3,743/mo, and annual cash flow is $7,487/yr on $156,800 cash. Return on cash invested measures 24.68% in year one, and rental yield stands at 9.5% at a $473,000 entry. Equity gained on principal adds $3,052/yr while 5% annual appreciation compounds into $130,681 by year five. Five-year ROI records 128.97% and total cumulative return in cash reaches $202,227. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,743/mo property income versus a $2,315/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
10 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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