521 Aue Rd, Norton Shores, MI, 49441 | $501/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

Rental property for sale in Norton Shores at 521 Aue Rd, Norton Shores, MI, 49441 priced at $230,000 pairs $2,018/mo rent with $501/mo cash flow after a $1,126/mo payment. Total monthly income equals $2,018/mo, and annual cash flow comes to $6,012/yr on $76,245 invested. Return on cash invested is 27.79% in year one, and rental yield stands at 10.53% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 145.66% and total cumulative return in cash reaches $111,055. For financing, Ziffy Mortgage’s DSCR program evaluates $2,018/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1955

0.51 Acres 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