2602 Odawa TrlMuskegonMI49444
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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 2602 Odawa Trl, Muskegon, MI, 49444 with 5% annual appreciation on a $320,000 basis while $2,636/mo rent supports operations. Total monthly income totals $2,636/mo and a $1,566/mo payment preserves $484/mo for cash returns. Annual cash flow comes to $5,812/yr on $106,080 deployed, and return on cash invested reaches 25.39% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 9.88%. Five-year ROI measures 132.96% and total cumulative return in cash totals $141,039.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,636/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
7,405 sqft lot
$N/A/sqft
$500 annually 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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