2523 Heights Ravenna RdMuskegonMI49444
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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 2523 Heights Ravenna Rd, Muskegon, MI, 49444 generates $2,095/mo in rent and, after a $1,322/mo payment, leaves $314/mo in cash flow. Total monthly income is $2,095/mo, and annual cash flow is $3,768/yr on $89,505 invested. Return on cash invested sits at 24.12% in year one, and rental yield is 9.31% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 125.93% and total cumulative return in cash sums $112,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,095/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49444, Muskegon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,384 (100%) |
| Owner Occupied HU | 8,071 (65.2%) |
| Renter Occupied HU | 3,280 (26.5%) |
| Vacant Housing Units | 1,033 ( 8.3%) |
| Median Home Value | $195,663 |
| Average Home Value | $213,914 |
Housing Distribution
Address Breakdown
Residential
11,040
Single Family
9,966
Multi-Family
1,074
Businesses
1,088
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