2219 Blodgett StMuskegonMI49441
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 2219 Blodgett St, Muskegon, MI, 49441 at $184,000 posts ROI 39.68% with $1,005/mo cash flow from $2,219/mo rent. Total monthly income equals $2,219/mo, and annual cash flow records $12,062/yr on $60,996 to close. Return on cash invested measures 39.68% and rental yield reads 14.47% at the current $184,000. Equity gained on principal adds $1,187/yr, and 5% annual appreciation supports $50,836 by year five. Five-year ROI prints 209.48% and total cumulative return in cash totals $127,777.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,219/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
4,791 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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