45 S Park StMuskegonMI49442
Nearby investment properties with comparable rents
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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 45 S Park St, Muskegon, MI, 49442 earns $180/mo cash flow from $1,429/mo rent with a $927/mo payment. Total monthly income totals $1,429/mo, and annual cash flow totals $2,162/yr on $62,753 capital. ROI tracks 23.35% on current figures, and rental yield reads 9.06% at a $189,300 purchase. Equity gained on principal adds $1,222/yr, and 5% annual appreciation supports $52,300 over five years. Five-year ROI reaches 121.92% and total cumulative return in cash sums $76,509. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,429/mo property income instead of your personal income.
Single Family
Built in 1942
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49442, Muskegon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,983 (100%) |
| Owner Occupied HU | 11,457 (63.7%) |
| Renter Occupied HU | 5,476 (30.5%) |
| Vacant Housing Units | 1,050 ( 5.8%) |
| Median Home Value | $154,938 |
| Average Home Value | $173,213 |
Housing Distribution
Address Breakdown
Residential
17,334
Single Family
14,290
Multi-Family
3,044
Businesses
817
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