CashFlowRE
Sign in Sign up
2128 5th St
C+ Composite 64.03
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

2128 5th St · Muskegon Heights, MI 49444
2 bd · 1.0 ba · 960 sqft · SingleFamily public records · 70 Days on market
Built 1930 5,009 sqft lot Est $99k · 12% under

🖨 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

NEW ROOFUPDATED KITCHENSTAINLESS STEEL APPLIANCESFULL BASEMENTNEWER FURNACEWATER HEATER

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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $82,250 (6.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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

5-year hold
IRR
-2.9%
Equity multiple
0.89×
Total profit
$-2,695
Equity at exit
$13,047
10-year hold
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
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

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

Break-even rent $717
Max offer price $87,500
Occupancy floor 76%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-01
    status $87,500 Pending 70 DOM
  2. 2026-05-31
    days on market $87,500 Active 70 DOM
  3. 2026-05-30
    days on market $87,500 Active 69 DOM
  4. 2026-05-15
    price $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.

  5. 2026-05-15
    price $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.

  6. 2026-05-15
    price $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.

  7. 2026-04-23
    price $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.

  8. 2026-04-22
    price $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.

  9. 2026-04-22
    price $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.

  10. 2026-04-07
    price $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.

  11. 2026-04-07
    price $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.

  12. 2026-04-07
    price $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.

  13. 2026-03-30
    status 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.

  14. 2026-03-27
    historical 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.

  15. 2026-03-24
    status 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.

  16. 2026-03-24
    status 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.

  17. 2026-03-24
    status 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.

  18. 2026-03-24
    historical
    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.

  19. 2026-03-24
    historical 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.

  20. 2026-03-24
    historical 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.

  21. 2026-03-22
    listed $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.

  22. 2026-03-22
    listed $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.

  23. 2026-03-22
    listed $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.

  24. 2025-03-11
    status Pending
  25. 2025-03-11
    status Pending
  26. 2025-03-06
    historical
  27. 2025-03-06
    historical
  28. 2025-02-20
    price $62,500
  29. 2025-02-20
    price $62,500
  30. 2025-02-19
    price $62,500
  31. 2025-02-13
    price $64,900
  32. 2025-02-13
    price $64,900
  33. 2025-02-13
    price $64,900
  34. 2025-02-05
    price $69,900
  35. 2025-02-04
    price $69,900
  36. 2025-02-04
    price $69,900
  37. 2025-01-31
    price $67,500
  38. 2025-01-30
    price $67,500
  39. 2025-01-30
    price $67,500
  40. 2025-01-25
    listed $69,900 Active
  41. 2025-01-24
    listed $69,900 Active
  42. 2020-03-20
    soldstatus $25,000
  43. 2020-03-20
    soldstatus $25,000
  44. 2019-10-23
    listed $30,000
  45. 2019-10-23
    listed $30,000
  46. 2019-10-23
    listed $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
combined federal + state — saved on this device
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

Amenities F Commute F Cost of living A+ Crime F Employment F Housing A Health & safety F User ratings D+

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
30.7% rent · 69.3% 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

Price history

+191.7% since first listed
43 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%/yr

Latest (2025): $854 · +2.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…