2128 5th St · Muskegon Heights, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 1/10 · Minimal
- Hot days now (above 93°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +24.6/30.0
- ARV discount +12.7/15.0
- DSCR +7.9/10.0
- 1% rule +5.8/10.0
- Schools +5.0/10.0
- Livability +3.1/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$87,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
Key facts
- Newer furnace
- Water heater
- Full basement
Tags
Property features AI
Finance
- Other: Living area reported as 960 (unit not shown per instructions)
- Financial info: Data not provided
- HOA & community: Data not provided
Exterior
- Parking: Data not provided
- Security: Data not provided
- Utilities: Public water
- Home design: Ranch style; Single-family residence; Residential property
- Construction: Built in 1930; Wood siding exterior; Shingle roof
- Exterior features: Wooded lot
Interior
- Kitchen: Dishwasher; Range
- Bedrooms: Data not provided
- Flooring: Data not provided
- Bathrooms: One full bathroom
- Heating & cooling: Forced air heating
- Interior features: Seven total rooms; Full basement
- Laundry & utility: Natural gas water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $88k.
Deal economics
- At list price, monthly cash flow is $180 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($945 rent vs $88k).
- Recommended offer: $82k (6.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 61/100 on livability (#574 in MI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: schools D+, crime F, amenities F.
- Market conditions: 237 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 438 units permitted in Muskegon County in 2024 (115 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $605 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Muskegon County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
Negotiation context
- It's been on market 70 days — a 6% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
- 12 sale attempts since 7y ago; this cycle's ask has dropped $12k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $25k; list at $88k implies a 250% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 70 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.08% ✓
- Cap rate
- 8.77%
- Cash-on-cash
- 8.84%
- DSCR
- 1.39
- GRM
- 7.7
CMA / ARV
- ARV (on-the-fly)
- $98,880
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2128 8th St | 0.19mi | 2/1.0 | 988 (+3%) | 2mo | $32,123 | $33 | 85 |
| 2022 8th St | 0.23mi | 3/1.0 (+1) | 968 (+1%) | 4mo | $25,000 | $26 | 79 |
| 2124 Jefferson St | 0.06mi | 3/1.0 (+1) | 1,080 (+12%) | 5mo | $122,000 | $113 | 67 |
| 2513 5th St | 0.47mi | 3/1.0 (+1) | 980 (+2%) | 4mo | $50,000 | $51 | 67 |
| 2237 Wood St | 0.67mi | 2/1.5 | 974 (+2%) | 4mo | $99,900 | $103 | 61 |
| 1969 Hoyt St | 0.48mi | 3/1.0 (+1) | 1,040 (+8%) | 0mo | $92,500 | $89 | 58 |
| 2017 7th St | 0.21mi | 3/2.0 (+1) | 1,092 (+14%) | 0mo | $126,400 | $116 | 58 |
| 329 W Forest Ave | 0.71mi | 2/1.0 | 1,008 (+5%) | 1mo | $131,000 | $130 | 58 |
| 1956 Wood St | 0.74mi | 2/1.0 | 1,008 (+5%) | 5mo | $71,000 | $70 | 53 |
| 746 Lyman Ave | 0.71mi | 3/1.0 (+1) | 924 (-4%) | 3mo | $118,844 | $129 | 53 |
| 1641 Sanford St | 0.66mi | 2/1.0 | 830 (-14%) | 1mo | $120,000 | $145 | 46 |
| 2618 Hoyt St | 0.74mi | 3/1.0 (+1) | 878 (-8%) | 1mo | $74,900 | $85 | 45 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -2.9%
- Equity multiple
- 0.89×
- Total profit
- $-2,695
- Equity at exit
- $13,047
- IRR
- 6.8%
- Equity multiple
- 1.51×
- Total profit
- $12,415
- Equity at exit
- $7,565
Cash invested: $24,500 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 49444
- Active inventory
- 237
- Price-to-rent
- 7.7×
Monthly cashflow live
- Estimated rent
- $945 high interval (Pro) →
- Mortgage (P&I)
- −$459
- Tax from tax record
- −$71 /mo · $854/yr
- Insurance
- −$36
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$199
- Net cashflow
- $180
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $21,875
- Closing costs
- $2,625
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 12 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1893 Jefferson St Unit 2 Muskegon, MI | 1.0 | 1.0 | 594 | $700 | $1.18 | 21d | 1 | 0.35mi |
| 121 E Holbrook Ave Apt 3 Muskegon, MI | 2.0 | 1.0 | 650 | $950 | $1.46 | 21d | 1 | 0.46mi |
| 2516 5th St Apt 2 Muskegon Heights, MI | 1.0 | 1.0 | 630 | $750 | $1.19 | 21d | 1 | 0.47mi |
| 2516 5th St Apt 1 Muskegon Heights, MI | 1.0 | 1.0 | 630 | $775 | $1.23 | 21d | 1 | 0.47mi |
| 2901 Temple St Unit 1 Muskegon Heights, MI | 2.0 | 1.0 | 850 | $1,095 | $1.29 | 43d | 1 | 1.05mi |
| 3040 Temple St Muskegon, MI | 2.0 | 1.0 | 900 | $1,150 | $1.28 | 21d | 1 | 1.22mi |
| 1223 Terrace St Unit A Muskegon, MI | 1.0 | 1.0 | 800 | $1,000 | $1.25 | 21d | 1 | 1.23mi |
| 232 E Lincoln Ave Muskegon, MI | 2.0 | 1.0 | 1020 | $1,100 | $1.08 | 21d | 1 | 1.25mi |
| 488 W Muskegon Ave Muskegon, MI | 2.0 | 1.0 | 1008 | $1,150 | $1.14 | 21d | 1 | 1.25mi |
| 3041 Lemuel St Muskegon, MI | 3.0 | 1.0 | 872 | $1,195 | $1.37 | 21d | 1 | 1.25mi |
| 1101 Spring St Muskegon, MI | 2.0 | 1.0 | 700 | $1,100 | $1.57 | 21d | 1 | 1.41mi |
| 1021 Jefferson St Muskegon, MI | 1.0 | 1.0 | 696 | $826 | $1.19 | 21d | 3 | 1.43mi |
Listing history 46 events
-
2026-06-01status $87,500 Pending 70 DOM
-
2026-05-31days on market $87,500 Active 70 DOM
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2026-05-30days on market $87,500 Active 69 DOM
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2026-05-15price $87,500 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-05-15price $87,500 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-05-15price $87,500
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-04-23price $89,900 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-04-22price $89,900 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-04-22price $89,900
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-04-07price $94,900 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-04-07price $94,900 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-04-07price $94,900
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-03-30status Active 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-03-27historical 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-03-24status Active 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-03-24status Active 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-03-24status Active
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
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2026-03-24historical
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
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2026-03-24historical 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-03-24historical 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
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2026-03-22$99,900 Active 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
-
2026-03-22$99,900 Active 641-char remark
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
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2026-03-22$99,900 Active
Show marketing remark (641 chars)
* * NEW ROOF! * * Fully renovated and move-in ready, this charming 2-bedroom home blends comfort, style, and functionality. The updated kitchen showcases a beautiful backsplash with distinctive character, stainless steel appliances w/ dishwasher, and an efficient layout that makes everyday living easy. Enjoy a spacious living room, a formal dining room, and a full basement with abundant storage. With a newer furnace and water heater already in place, this home offers added peace of mind and low-maintenance living. Don't miss this one -it won't last long! A new refrigerator and washer/dryer may be included with an acceptable offer.
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2025-03-11status Pending
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2025-03-11status Pending
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2025-03-06historical
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2025-03-06historical
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2025-02-20price $62,500
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2025-02-20price $62,500
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2025-02-19price $62,500
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2025-02-13price $64,900
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2025-02-13price $64,900
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2025-02-13price $64,900
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2025-02-05price $69,900
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2025-02-04price $69,900
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2025-02-04price $69,900
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2025-01-31price $67,500
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2025-01-30price $67,500
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2025-01-30price $67,500
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2025-01-25$69,900 Active
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2025-01-24$69,900 Active
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2020-03-20soldstatus $25,000
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2020-03-20soldstatus $25,000
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2019-10-23$30,000
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2019-10-23$30,000
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2019-10-23$30,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MI · Partial reset (capped growth)
- Current annual tax
- $854 · $71/mo
- Projected year-2 tax
- $1,101 · $92/mo
- Expected delta
- +$247/yr (+$21/mo · 28.9%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 1/10 Low 7 d/yr ≥93°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $11,345
- − Mortgage interest
- −$4,901
- − Property taxes
- −$854
- − Insurance
- −$438
- − Repairs & maintenance
- −$908
- − Management
- −$908
- − Depreciation
- −$2,545
- Taxable income
- $792
- Est. tax owed @ 24.0%
- −$190
- After-tax cash flow
- $1,975/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
No district data.
Livability — Muskegon Heights
- Score
- 61/100
- State rank
- #574
- US rank
- #18269
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Muskegon Heights, MI
- County
- Muskegon County · 107,917 people
- Metro
- Muskegon, MI
- Population (ZIP)
- 26,372
- Household income
- $53,054
- Rent vs Own
- Severe rent burden
- 930.0
Population outlook (Muskegon County) Hauer SSP2
- Today (2025)
- 174,032 people
- By 2030
- 173,365 · -0.4%
- By 2040
- 168,877 · -3.0%
- By 2050
- 160,306 · -7.9%
- By 2075
- 134,426 · -22.8%
- By 2100
- 98,836 · -43.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.55)
- Race & ethnicity
- White 59% Black 31% Two or more races 6% Hispanic / Latino 4% Native American 1%
- Common ancestry
- Iranian 6% Romanian 4% Lithuanian 2%
- Foreign-born
- 1% · Canada
- Languages at home
- 97% English-only · Spanish 2%
Political lean MEDSL · Muskegon
- 2024 margin
- Toss-up / Even · D 48.4% · R 50.2% · Other 1.5%
- 2008→2024 swing
- -31.1pp toward R · 2008: 29.3pp · 2024: -1.8pp
- All cycles
- 2024: R+1.8 2020: D+0.6 2016: D+0.9 2012: D+17.8 2008: D+29.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -150.02%
- Current HPI
- 209.2698
- Rent YoY
- —
- Metro
- Muskegon, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
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Price history
+191.7% since first listed43 events — show timeline
- 2026-05-15 Price Changed $87,500 MiRealSource-MiMLS
- 2026-05-15 Price Changed $87,500 REALCOMP
- 2026-05-15 Price Changed $87,500 SW Michigan MLS
- 2026-04-23 Price Changed $89,900 MiRealSource-MiMLS
- 2026-04-22 Price Changed $89,900 REALCOMP
- 2026-04-22 Price Changed $89,900 SW Michigan MLS
- 2026-04-07 Price Changed $94,900 MiRealSource-MiMLS
- 2026-04-07 Price Changed $94,900 REALCOMP
- 2026-04-07 Price Changed $94,900 SW Michigan MLS
- 2026-03-30 Relisted — REALCOMP
- 2026-03-27 Listing Removed — REALCOMP
- 2026-03-24 Relisted — REALCOMP
- 2026-03-24 Relisted — MiRealSource-MiMLS
- 2026-03-24 Relisted — SW Michigan MLS
- 2026-03-24 Listing Removed — SW Michigan MLS
- 2026-03-24 Listing Removed — REALCOMP
- 2026-03-24 Listing Removed — MiRealSource-MiMLS
- 2026-03-22 Listed $99,900 REALCOMP
- 2026-03-22 Listed $99,900 SW Michigan MLS
- 2026-03-22 Listed $99,900 MiRealSource-MiMLS
- 2025-03-11 Pending — REALCOMP
- 2025-03-11 Pending — MiRealSource-MiMLS
- 2025-03-06 Listing Removed — MiRealSource-MiMLS
- 2025-03-06 Listing Removed — REALCOMP
- 2025-02-20 Price Changed $62,500 MiRealSource-MiMLS
- 2025-02-20 Price Changed $62,500 REALCOMP
- 2025-02-19 Price Changed $62,500 SW Michigan MLS
- 2025-02-13 Price Changed $64,900 MiRealSource-MiMLS
- 2025-02-13 Price Changed $64,900 REALCOMP
- 2025-02-13 Price Changed $64,900 SW Michigan MLS
- 2025-02-05 Price Changed $69,900 MiRealSource-MiMLS
- 2025-02-04 Price Changed $69,900 REALCOMP
- 2025-02-04 Price Changed $69,900 SW Michigan MLS
- 2025-01-31 Price Changed $67,500 MiRealSource-MiMLS
- 2025-01-30 Price Changed $67,500 REALCOMP
- 2025-01-30 Price Changed $67,500 SW Michigan MLS
- 2025-01-25 Listed $69,900 REALCOMP
- 2025-01-24 Listed $69,900 MiRealSource-MiMLS
- 2020-03-20 Sold (MLS) $25,000 SW Michigan MLS
- 2020-03-20 Sold (MLS) $25,000 REALCOMP
- 2019-10-23 Listed $30,000 MiRealSource-MiMLS
- 2019-10-23 Listed $30,000 SW Michigan MLS
- 2019-10-23 Listed $30,000 REALCOMP
Property tax history
+1.9%/yrLatest (2025): $854 · +2.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…