3074 Fenner RdMuskegonMI49445
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 3074 Fenner Rd, Muskegon, MI, 49445 listed at $245,000 pairs $1,637/mo rent with a $1,199/mo payment to leave $22/mo cash flow. Total monthly income runs $1,637/mo, and annual cash flow reaches $258/yr on $81,218 cash to close. Return on cash invested measures 20.23% in year one, and rental yield registers 8.02% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 105.1% and total cumulative return in cash totals $85,356. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,637/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1990
6.78 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices