744 Tournament CirMuskegonMI49444
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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
Rental property for sale in Muskegon at 744 Tournament Cir, Muskegon, MI, 49444 priced at $333,750 pairs $2,740/mo rent with $305/mo cash flow after a $1,634/mo payment. Total monthly income equals $2,740/mo, and annual cash flow comes to $3,664/yr on $110,638 invested. Return on cash invested is 23.22% in year one, and rental yield stands at 9.85% on a $333,750 basis. Equity gained on principal adds $2,154/yr, and 5% annual appreciation accumulates to $92,209 by year five. Five-year ROI measures 122.07% and total cumulative return in cash reaches $135,060. For financing, Ziffy Mortgage’s DSCR program evaluates $2,740/mo property income against a $1,634/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2000
1,306 sqft lot
$N/A/sqft
$700 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49444, Muskegon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,384 (100%) |
| Owner Occupied HU | 8,071 (65.2%) |
| Renter Occupied HU | 3,280 (26.5%) |
| Vacant Housing Units | 1,033 ( 8.3%) |
| Median Home Value | $195,663 |
| Average Home Value | $213,914 |
Housing Distribution
Address Breakdown
Residential
11,040
Single Family
9,966
Multi-Family
1,074
Businesses
1,088
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