280 Mason AveMuskegonMI49441
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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 280 Mason Ave, Muskegon, MI, 49441 with 5% annual appreciation on a $171,900 basis while $1,331/mo rent supports operations. Total monthly income totals $1,331/mo and a $841/mo payment preserves $198/mo for cash returns. Annual cash flow comes to $2,373/yr on $56,985 deployed, and return on cash invested reaches 24.07% in year one. Equity gained on principal adds $1,109/yr, and five-year appreciation sums $47,493 alongside rental yield of 9.29%. Five-year ROI measures 125.73% and total cumulative return in cash totals $71,646.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,331/mo property income versus a $841/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1915
4,356 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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