E River Rd #51FGDAMuskegonMI49445
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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 E River Rd #51FGDA, Muskegon, MI, 49445 with 5% annual appreciation on a $417,900 basis while $4,207/mo rent supports operations. Total monthly income totals $4,207/mo and a $2,045/mo payment preserves $1,452/mo for cash returns. Annual cash flow comes to $17,419/yr on $138,534 deployed, and return on cash invested reaches 32.48% in year one. Equity gained on principal adds $2,697/yr, and five-year appreciation sums $115,458 alongside rental yield of 12.08%. Five-year ROI measures 170.81% and total cumulative return in cash totals $236,624.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,207/mo property income versus a $2,045/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
N/A 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
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