1890 Leahy StMuskegonMI49442
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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 1890 Leahy St, Muskegon, MI, 49442 earns $1,471/mo cash flow from $2,428/mo rent with a $685/mo payment. Total monthly income totals $2,428/mo, and annual cash flow totals $17,651/yr on $46,377 capital. ROI tracks 57.97% on current figures, and rental yield reads 20.83% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 307.79% and total cumulative return in cash sums $142,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,428/mo property income instead of your personal income.
Multi Family
Built in 1940
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49442, Muskegon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,983 (100%) |
| Owner Occupied HU | 11,457 (63.7%) |
| Renter Occupied HU | 5,476 (30.5%) |
| Vacant Housing Units | 1,050 ( 5.8%) |
| Median Home Value | $154,938 |
| Average Home Value | $173,213 |
Housing Distribution
Address Breakdown
Residential
17,334
Single Family
14,290
Multi-Family
3,044
Businesses
817
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