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1721 Jarman St
B Composite 73.05
Why this score? — see what drove the B 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 +28.6/30.0
  • ARV discount +14.5/15.0
  • DSCR +10.0/10.0
  • 1% rule +8.4/10.0
  • Rent growth +4.6/5.0
  • Livability +4.0/5.0
  • Condition / age +2.5/5.0
  • Schools +0.6/10.0
  • Appreciation +0.0/10.0

$104,900

1721 Jarman St · Muskegon, MI 49442
3 bd · 1.0 ba · 1,098 sqft · SingleFamily public records · 78 Days on market
Built 1900 4,966 sqft lot Est $124k · 15% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

Key facts

  • Updated kitchen
  • Functional layout
  • Conveniently located

Tags

REMODELED HOMEUPDATED KITCHENDETACHED ONE STALL GARAGEFUNCTIONAL LAYOUTCONVENIENTLY LOCATED

Property features AI

Exterior

  • Parking: Detached 1-car garage
  • Utilities: Public water; Natural gas available and connected; Electricity available; Cable connected; High-speed internet
  • Home design: Traditional single-family residence; 1,144 total building area
  • Construction: Wood siding construction; Composition roof; Built in 1900
  • Exterior features: Paved road access; Screened porch

Interior

  • Kitchen: Range; Refrigerator
  • Bedrooms: Primary bedroom; Bedroom 2; Bedroom 3; Screened porch (additional room)
  • Bathrooms: 1 full bathroom; Primary bathroom
  • Heating & cooling: Forced air heating; Window unit cooling
  • Interior features: Partial basement; 3 total rooms
  • Laundry & utility: Washer; Dryer; 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 3-bed/1.0-bath single-family listed at $105k.

Deal economics

  • At list price, monthly cash flow is $346 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $105k).
  • Recommended offer: $99k (6.0% below list) — sets the bar for market timing.
  • Cap rate 10.3% vs local median 4.6% in Muskegon — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 79/100 on livability (#92 in MI, #2,096 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools D-, crime F, employment F.
  • Muskegon Public Schools Of The City Of (urban): math 4% / reading 12% proficiency, ranked #534 of 540 in MI (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+8.2%/yr); 289 active listings in the ZIP; 13 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).
  • This rent runs 35% of the median local income ($49k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $725 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.
  • At projected returns (-3.0% appreciation + 8.0% rent growth), your $29k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 78 days — a 6% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
  • 16 sale attempts since 22y ago; this cycle's ask has dropped $25k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $90k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $98,606 (6.0% below list)

Questions for the listing agent

  1. It's been on market 78 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 1900 — 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
1.34%
Cap rate
10.25%
Cash-on-cash
14.14%
DSCR
1.63
GRM
6.2

CMA / ARV

ARV (on-the-fly)
$124,074
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1808 Mcilwraith St 0.11mi 3/1.0 1,100 (+0%) 2mo $143,500 $130 92
842 E Dale Ave 0.39mi 2/1.0 (-1) 1,092 (-0%) 4mo $105,000 $96 73
1907 Terrace St 0.38mi 4/2.0 (+1) 1,080 (-2%) 3mo $170,000 $157 68
1969 Hoyt St 0.54mi 3/1.0 1,040 (-5%) 0mo $92,500 $89 66
1061 E Forest Ave 0.67mi 3/1.0 1,118 (+2%) 2mo $126,000 $113 64
2109 Hoyt St 0.67mi 3/1.0 1,128 (+3%) 1mo $111,137 $99 63
1471 Leahy St 0.60mi 3/1.0 1,161 (+6%) 1mo $166,500 $143 62
1476 Kingsley St 0.51mi 3/1.0 995 (-9%) 3mo $95,000 $95 58
508 Catherine Ave 0.72mi 2/1.0 (-1) 1,046 (-5%) 1mo $125,000 $120 52
1873 Valley St 0.54mi 2/1.0 (-1) 1,216 (+11%) 1mo $113,000 $93 51
769 Catawba Ave 0.51mi 2/1.5 (-1) 1,250 (+14%) 2mo $165,000 $132 45
2237 Wood St 0.73mi 2/1.5 (-1) 974 (-11%) 4mo $99,900 $103 37

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 · 8.0% rent growth · sell at horizon

5-year hold
IRR
10.2%
Equity multiple
1.43×
Total profit
$12,528
Equity at exit
$15,641
10-year hold
IRR
23.2%
Equity multiple
3.50×
Total profit
$73,316
Equity at exit
$9,070

Cash invested: $29,372 (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 49442

Rents YoY
8.2%
Active inventory
289
Price-to-rent
6.2×

Monthly cashflow live

Estimated rent
$1,407 high interval (Pro) →
Mortgage (P&I)
$550
Tax from tax record
$171 /mo · $2,054/yr
Insurance
$44
HOA
$0
Vacancy / Maint / Mgmt
$295
Net cashflow
$346

Break-even live

Break-even rent $968
Max offer price $104,900
Occupancy floor 70%

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
$26,225
Closing costs
$3,147
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 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
80 E Grand Ave Muskegon, MI 3.0 1.5 1200 $1,300 $1.08 21d 1 0.65mi
1633 Peck St Unit 1 Muskegon, MI 2.0 1.0 1184 $1,150 $0.97 21d 1 0.70mi
1188 Spring St Muskegon, MI 3.0 1.0 1443 $1,500 $1.04 21d 1 0.75mi
1126 Holt St Muskegon, MI 2.0 1.0 708 $1,095 $1.55 21d 1 0.79mi
1206 Terrace St Unit 1 Muskegon, MI 2.0 1.0 1200 $1,975 $1.65 21d 1 0.83mi
1101 Spring St Muskegon, MI 2.0 1.0 700 $1,100 $1.57 21d 1 0.87mi
384 Iona Ave Muskegon, MI 3.0 1.0 1194 $1,275 $1.07 21d 1 0.88mi
310 Allen Ave Unit 2 Muskegon, MI 3.0 3.0 1100 $1,490 $1.35 21d 1 1.03mi
313 Orchard Ave Unit 2 Muskegon, MI 3.0 3.0 1279 $1,475 $1.15 21d 1 1.12mi
313 Orchard Ave Unit 1 Muskegon, MI 3.0 3.0 1121 $1,575 $1.40 21d 1 1.12mi
449 Washington Ave Muskegon, MI 3.0 2.0 1152 $1,695 $1.47 21d 1 1.25mi
122 W Muskegon Ave Muskegon, MI 2.0 2.0 856 $795 $0.93 21d 1 1.29mi
488 W Muskegon Ave Muskegon, MI 2.0 1.0 1008 $1,150 $1.14 21d 1 1.40mi

Listing history 50 events

  1. 2026-06-19
    days on market $104,900 Active 78 DOM
  2. 2026-06-18
    price $104,900 Active 77 DOM
  3. 2026-06-18
    days on market $107,500 Active 77 DOM
  4. 2026-06-17
    days on market $107,500 Active 76 DOM
  5. 2026-06-16
    days on market $107,500 Active 75 DOM
  6. 2026-06-15
    days on market $107,500 Active 74 DOM
  7. 2026-06-14
    days on market $107,500 Active 72 DOM
  8. 2026-06-13
    days on market $107,500 Active 71 DOM
  9. 2026-06-10
    days on market $107,500 Active 69 DOM
  10. 2026-06-09
    days on market $107,500 Active 68 DOM
  11. 2026-06-08
    days on market $107,500 Active 67 DOM
  12. 2026-06-07
    days on market $107,500 Active 66 DOM
  13. 2026-06-05
    days on market $107,500 Active 63 DOM
  14. 2026-06-03
    days on market $107,500 Active 62 DOM
  15. 2026-06-03
    price $107,500 Active 61 DOM
  16. 2026-06-02
    days on market $109,900 Active 61 DOM
  17. 2026-06-01
    days on market $109,900 Active 60 DOM
  18. 2026-05-31
    days on market $109,900 Active 59 DOM
  19. 2026-05-30
    days on market $109,900 Active 58 DOM
  20. 2026-05-22
    price $109,900 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  21. 2026-05-21
    price $109,900 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  22. 2026-05-21
    price $109,900
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  23. 2026-05-07
    price $114,900 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  24. 2026-05-07
    price $114,900 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  25. 2026-05-07
    price $114,900
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  26. 2026-04-23
    price $119,900 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  27. 2026-04-23
    price $119,900 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  28. 2026-04-23
    price $119,900
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  29. 2026-04-14
    status Active 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  30. 2026-04-14
    status Active 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  31. 2026-04-14
    status Active
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  32. 2026-04-09
    status Pending 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  33. 2026-04-09
    status Pending 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  34. 2026-04-09
    status Pending
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  35. 2026-04-07
    price $124,900 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  36. 2026-04-06
    price $124,900 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  37. 2026-04-06
    price $124,900
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  38. 2026-04-04
    status Active 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  39. 2026-04-04
    status Active 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  40. 2026-04-04
    status Active
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  41. 2026-03-31
    status Pending 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  42. 2026-03-31
    status Pending 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  43. 2026-03-31
    status Pending
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  44. 2026-03-24
    listed $129,900 Active 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  45. 2026-03-24
    listed $129,900 Active 372-char remark
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  46. 2026-03-24
    listed $129,900 Active
    Show marketing remark (372 chars)

    Beautifully remodeled home featuring modern updates throughout! Enjoy a bright and inviting interior with updated kitchen, refreshed finishes, and stylish touches. This property offers a detached one stall garage and a functional layout perfect for everyday living. Conveniently located close to shopping, dining, and local amenities, making it a great place to call home!

  47. 2023-06-05
    soldstatus $89,500
  48. 2023-05-30
    soldstatus $89,500 Sold
  49. 2023-05-30
    soldstatus $89,500 Closed
  50. 2023-05-30
    soldstatus $89,500 Sold

ⓘ 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
$2,054 · $171/mo
Projected year-2 tax
$2,054 · $171/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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
$16,879
− Mortgage interest
−$5,876
− Property taxes
−$2,054
− Insurance
−$524
− Repairs & maintenance
−$1,350
− Management
−$1,350
− Depreciation
−$3,052
Taxable income
$2,671
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$641
After-tax cash flow
$3,513/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)

District
Muskegon Public Schools Of The City Of
NCES district ID
2624840
Math proficiency
4% ▼ -9.00%
Reading proficiency
12% ▼ -9.00%
Median HH income
$27,622
Composite
5.8/100
National rank
#10017
State rank
#534 of 540 in MI

Livability — Muskegon

Score
79/100
State rank
#92
US rank
#2096

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Muskegon, MI
County
Muskegon County · 107,917 people
City population
44,766
Metro
Muskegon, MI
Population (ZIP)
44,766
Household income
$48,563
Rent vs Own
30.6% rent · 69.4% own
Severe rent burden
1598.0

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 0.56)
Race & ethnicity
White 63% Black 22% Two or more races 10% Hispanic / Latino 8%
Hispanic origin (detail)
Mexican 7%
Common ancestry
Iranian 5% Romanian 4% Lithuanian 3%
Foreign-born
3% · Canada, South Korea
Languages at home
95% English-only · Spanish 3%

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
▼ -174.87%
Current HPI
287.0558
Rent YoY
▲ 8.21%
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

+190.0% since first listed
49 events — show timeline
  • 2026-05-22 Price Changed $109,900 MiRealSource-MiMLS
  • 2026-05-21 Price Changed $109,900 REALCOMP
  • 2026-05-21 Price Changed $109,900 SW Michigan MLS
  • 2026-05-07 Price Changed $114,900 MiRealSource-MiMLS
  • 2026-05-07 Price Changed $114,900 REALCOMP
  • 2026-05-07 Price Changed $114,900 SW Michigan MLS
  • 2026-04-23 Price Changed $119,900 MiRealSource-MiMLS
  • 2026-04-23 Price Changed $119,900 REALCOMP
  • 2026-04-23 Price Changed $119,900 SW Michigan MLS
  • 2026-04-14 Relisted REALCOMP
  • 2026-04-14 Relisted MiRealSource-MiMLS
  • 2026-04-14 Relisted SW Michigan MLS
  • 2026-04-09 Pending REALCOMP
  • 2026-04-09 Pending MiRealSource-MiMLS
  • 2026-04-09 Pending SW Michigan MLS
  • 2026-04-07 Price Changed $124,900 MiRealSource-MiMLS
  • 2026-04-06 Price Changed $124,900 REALCOMP
  • 2026-04-06 Price Changed $124,900 SW Michigan MLS
  • 2026-04-04 Relisted REALCOMP
  • 2026-04-04 Relisted MiRealSource-MiMLS
  • 2026-04-04 Relisted SW Michigan MLS
  • 2026-03-31 Pending REALCOMP
  • 2026-03-31 Pending MiRealSource-MiMLS
  • 2026-03-31 Pending SW Michigan MLS
  • 2026-03-24 Listed $129,900 REALCOMP
  • 2026-03-24 Listed $129,900 SW Michigan MLS
  • 2026-03-24 Listed $129,900 MiRealSource-MiMLS
  • 2023-06-05 Sold (Public Records) $89,500 Public Records
  • 2023-05-30 Sold (MLS) $89,500 SW Michigan MLS
  • 2023-05-30 Sold (MLS) $89,500 MiRealSource-MiMLS
  • 2023-05-30 Sold (MLS) $89,500 REALCOMP
  • 2023-05-02 Pending MiRealSource-MiMLS
  • 2023-05-02 Pending REALCOMP
  • 2023-05-02 Pending SW Michigan MLS
  • 2023-04-24 Listed $99,999 SW Michigan MLS
  • 2023-04-24 Listed $99,999 MiRealSource-MiMLS
  • 2023-04-24 Listed $99,999 REALCOMP
  • 2021-08-12 Sold (MLS) $26,000 SW Michigan MLS
  • 2021-08-12 Sold (MLS) $26,000 REALCOMP
  • 2021-06-29 Pending REALCOMP
  • 2021-06-29 Pending SW Michigan MLS
  • 2021-06-23 Price Changed $29,900 REALCOMP
  • 2021-06-23 Price Changed $29,900 SW Michigan MLS
  • 2021-06-09 Listed $29,900 MiRealSource-MiMLS
  • 2021-06-09 Listed $39,900 SW Michigan MLS
  • 2021-06-09 Listed $39,900 REALCOMP
  • 2004-09-03 Sold (Public Records) $36,000 Public Records
  • 2004-09-03 Sold (MLS) $36,000 REALCOMP
  • 2004-04-10 Listed $37,900 REALCOMP

Property tax history

+7.8%/yr

Latest (2025): $2,054 · +1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…