3485 E Manitou Cir, Norton Shores, MI, 49441 | $337/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Norton Shores at 3485 E Manitou Cir, Norton Shores, MI, 49441 uses $111,053 cash to close to unlock $4,038/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $2,546/mo, and a $1,640/mo payment keeps the spread at $337/mo. Purchase price stands at $335,000, and rental yield measures 9.12% with $2,546/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 122.89% and total cumulative return in cash records $136,472. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,546/mo property income covering a $1,640/mo payment rather than investor’s personal income.

Single Family

Built in 1955

10,454 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