2962 Riverview AveMuskegonMI49445
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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 2962 Riverview Ave, Muskegon, MI, 49445 listed at $269,900 pairs $1,625/mo rent with a $1,321/mo payment. Total monthly income runs $1,625/mo. Return on cash invested measures 17.83% in year one, and rental yield registers 7.22% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 92.29% and total cumulative return in cash totals $82,578. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,625/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49445, Muskegon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,170 (100%) |
| Owner Occupied HU | 7,894 (86.1%) |
| Renter Occupied HU | 841 ( 9.2%) |
| Vacant Housing Units | 435 ( 4.7%) |
| Median Home Value | $254,048 |
| Average Home Value | $302,893 |
Housing Distribution
Address Breakdown
Residential
8,798
Single Family
8,584
Multi-Family
214
Businesses
443
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