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56 E Lincoln Ave
D+ Composite 45.55
Why this score? — see what drove the D+ 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 +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • 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

$20,000

56 E Lincoln Ave · Muskegon Heights, MI 49444
2 bd · 1.0 ba · 882 sqft · SingleFamily public records · 151 Days on market
Built 1920 3,398 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

Key facts

  • Historical home
  • Brand new roof
  • 3,398 sq ft lot

Tags

HISTORICAL HOMEBRAND NEW ROOFPREMIER HARBOUR TOWNE MARINA

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 $20k.

Deal economics

  • At list price, monthly cash flow is $689 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $20k).
  • Recommended offer: $18k (12.0% below list) — sets the bar for market timing.
  • Cap rate 47.6% vs local median 8.4% in Muskegon Heights — 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 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; 8 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 $138 of loan paydown is wiped out by about $600 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 + 3.0% rent growth), your $6k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 151 days — a 12% lower offer ($18k) is reasonable based on typical stale-listing flexibility.
  • 23 sale attempts since 28y ago; this cycle's ask is 54% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $9k; list at $20k implies a 125% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $17,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 151 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1920 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. 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.
  9. 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.
  10. 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
5.23%
Cap rate
47.61%
Cash-on-cash
147.58%
DSCR
7.57
GRM
1.6

CMA / ARV

ARV (on-the-fly)
$95,256
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2933 Baker St 0.14mi 2/1.0 900 (+2%) 1mo $111,000 $123 90
3301 7th St 0.44mi 2/1.0 880 (-0%) 2mo $82,000 $93 78
2833 Hoyt St 0.29mi 2/1.0 848 (-4%) 4mo $90,000 $106 77
3300 Jefferson St 0.27mi 2/1.0 810 (-8%) 0mo $60,000 $74 73
3229 7th St 0.43mi 2/1.0 846 (-4%) 2mo $78,000 $92 72
356 Amsterdam Ave 0.54mi 2/1.0 876 (-1%) 3mo $99,900 $114 72
3044 Morton Ave 0.26mi 2/1.0 984 (+12%) 3mo $95,000 $97 66
2618 Hoyt St 0.59mi 3/1.0 (+1) 878 (-0%) 1mo $74,900 $85 66
224 E Lincoln Ave 0.22mi 3/1.0 (+1) 770 (-13%) 2mo $90,000 $117 62
142 Harrison Blvd 0.35mi 3/1.0 (+1) 768 (-13%) 3mo $97,000 $126 55
3304 Waalkes St 0.67mi 2/1.0 760 (-14%) 0mo $115,900 $153 45
375 W Maplewood Ave 0.63mi 3/1.0 (+1) 984 (+12%) 2mo $105,894 $108 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
Equity multiple
8.26×
Total profit
$40,638
Equity at exit
$2,982
10-year hold
IRR
Equity multiple
17.42×
Total profit
$91,931
Equity at exit
$1,729

Cash invested: $5,600 (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
1.6×

Monthly cashflow live

Estimated rent
$1,047 high interval (Pro) →
Mortgage (P&I)
$105
Tax est. 1.5%
$25 /mo · $300/yr
Insurance
$8
HOA
$0
Vacancy / Maint / Mgmt
$220
Net cashflow
$689

Break-even live

Break-even rent $175
Max offer price $20,000
Occupancy floor 29%

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
$5,000
Closing costs
$600
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 8 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
232 E Lincoln Ave Muskegon, MI 2.0 1.0 1020 $1,100 $1.08 21d 1 0.22mi
3040 Temple St Muskegon, MI 2.0 1.0 900 $1,150 $1.28 21d 1 0.71mi
2516 5th St Apt 2 Muskegon Heights, MI 1.0 1.0 630 $750 $1.19 21d 1 0.75mi
2516 5th St Apt 1 Muskegon Heights, MI 1.0 1.0 630 $775 $1.23 21d 1 0.75mi
2901 Temple St Unit 1 Muskegon Heights, MI 2.0 1.0 850 $1,095 $1.29 43d 1 0.77mi
3041 Lemuel St Muskegon, MI 3.0 1.0 872 $1,195 $1.37 21d 1 0.80mi
889 Woodside Rd Unit 36 Muskegon, MI 2.0 1.0 880 $1,125 $1.28 43d 1 1.14mi
3223 Bailey St Norton Shores, MI 2.0–3.0 2.0 1096 $1,249 $1.14 21d 1 1.38mi

Listing history 50 events

  1. 2026-03-31
    status Pending 377-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  2. 2026-03-27
    historical 377-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  3. 2026-03-11
    status Pending 377-char remark
    Show marketing remark (376 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  4. 2026-03-11
    status Pending 376-char remark
    Show marketing remark (376 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  5. 2026-03-11
    status Pending
    Show marketing remark (376 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  6. 2026-03-10
    status Active 376-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  7. 2026-03-10
    status Active 377-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  8. 2026-03-10
    status Active
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  9. 2026-03-02
    historical
    Show marketing remark (376 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  10. 2026-03-02
    historical 376-char remark
    Show marketing remark (376 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  11. 2026-01-22
    status Active 376-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  12. 2026-01-22
    status Active 377-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  13. 2026-01-22
    status Active
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  14. 2026-01-05
    status Pending 376-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  15. 2026-01-05
    status Pending 377-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  16. 2026-01-05
    status Pending
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  17. 2026-01-05
    historical 377-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  18. 2025-12-05
    price $5,000
  19. 2025-12-04
    price $5,000
  20. 2025-12-04
    price $5,000
  21. 2025-12-04
    listed $13,000 Active
  22. 2025-12-04
    listed $13,000 Active
  23. 2025-12-04
    historical
  24. 2025-10-23
    price $20,000 376-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  25. 2025-10-23
    status Active 376-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  26. 2025-10-23
    status Active 377-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  27. 2025-10-23
    price $20,000 377-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  28. 2025-10-23
    price $20,000
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  29. 2025-10-23
    status Active
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  30. 2025-10-08
    status Pending 377-char remark
    Show marketing remark (376 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  31. 2025-10-08
    status Pending 376-char remark
    Show marketing remark (376 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  32. 2025-10-08
    status Pending
    Show marketing remark (376 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  33. 2025-09-05
    price $25,000 376-char remark
    Show marketing remark (376 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  34. 2025-09-04
    price $25,000 377-char remark
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  35. 2025-09-04
    price $25,000
    Show marketing remark (377 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  36. 2025-09-01
    listed $35,000 Active 377-char remark
    Show marketing remark (376 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  37. 2025-09-01
    listed $35,000 Active 376-char remark
    Show marketing remark (376 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  38. 2025-09-01
    listed $35,000 Active
    Show marketing remark (376 chars)

    INVESTORS DREAM! Here is your chance to restore this amazing historical home back to its glory with immediate equity following. 3 bed 1 bath brand new roof! Near major attractions, Adelaide Marina within minutes away, 15 mins from Michigan Adventures Amusement Park, and 15 mins from The Premier Harbour Towne Marina. This is your chance to come and enjoy this beautiful area!

  39. 2019-01-30
    historical
  40. 2019-01-10
    historical
  41. 2018-12-28
    historical
  42. 2018-12-28
    status Pending
  43. 2018-12-10
    listed $12,900
  44. 2018-12-10
    listed $12,900
  45. 2018-12-10
    listed $12,900 Active
  46. 2014-09-25
    historical
  47. 2014-09-15
    historical
  48. 2013-04-24
    soldstatus $8,900
  49. 2013-04-24
    soldstatus $8,900
  50. 2013-03-16
    listed $9,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 · 14 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
$12,561
− Mortgage interest
−$1,120
− Property taxes
−$300
− Insurance
−$100
− Repairs & maintenance
−$1,005
− Management
−$1,005
− Depreciation
−$582
Taxable income
$8,449
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,028
After-tax cash flow
$6,237/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

-84.4% since first listed
58 events — show timeline
  • 2026-03-31 Pending REALCOMP
  • 2026-03-27 Listing Removed REALCOMP
  • 2026-03-11 Pending REALCOMP
  • 2026-03-11 Pending MiRealSource-MiMLS
  • 2026-03-11 Pending SW Michigan MLS
  • 2026-03-10 Relisted MiRealSource-MiMLS
  • 2026-03-10 Relisted REALCOMP
  • 2026-03-10 Relisted SW Michigan MLS
  • 2026-03-02 Listing Removed SW Michigan MLS
  • 2026-03-02 Listing Removed MiRealSource-MiMLS
  • 2026-01-22 Relisted MiRealSource-MiMLS
  • 2026-01-22 Relisted REALCOMP
  • 2026-01-22 Relisted SW Michigan MLS
  • 2026-01-05 Pending MiRealSource-MiMLS
  • 2026-01-05 Pending REALCOMP
  • 2026-01-05 Pending SW Michigan MLS
  • 2026-01-05 Listing Removed REALCOMP
  • 2025-12-05 Price Changed $5,000 MiRealSource-MiMLS
  • 2025-12-04 Price Changed $5,000 REALCOMP
  • 2025-12-04 Price Changed $5,000 SW Michigan MLS
  • 2025-12-04 Listed $13,000 REALCOMP
  • 2025-12-04 Listing Removed MiRealSource-MiMLS
  • 2025-12-04 Listed $13,000 MiRealSource-MiMLS
  • 2025-10-23 Price Changed $20,000 MiRealSource-MiMLS
  • 2025-10-23 Relisted MiRealSource-MiMLS
  • 2025-10-23 Relisted REALCOMP
  • 2025-10-23 Price Changed $20,000 REALCOMP
  • 2025-10-23 Price Changed $20,000 SW Michigan MLS
  • 2025-10-23 Relisted SW Michigan MLS
  • 2025-10-08 Pending REALCOMP
  • 2025-10-08 Pending MiRealSource-MiMLS
  • 2025-10-08 Pending SW Michigan MLS
  • 2025-09-05 Price Changed $25,000 MiRealSource-MiMLS
  • 2025-09-04 Price Changed $25,000 REALCOMP
  • 2025-09-04 Price Changed $25,000 SW Michigan MLS
  • 2025-09-01 Listed $35,000 REALCOMP
  • 2025-09-01 Listed $35,000 SW Michigan MLS
  • 2025-09-01 Listed $35,000 MiRealSource-MiMLS
  • 2019-01-30 Listing Removed MiRealSource-MiMLS
  • 2019-01-10 Listing Removed REALCOMP
  • 2018-12-28 Listing Removed SW Michigan MLS
  • 2018-12-28 Pending SW Michigan MLS
  • 2018-12-10 Listed $12,900 SW Michigan MLS
  • 2018-12-10 Listed $12,900 MiRealSource-MiMLS
  • 2018-12-10 Listed $12,900 REALCOMP
  • 2014-09-25 Listing Removed SW Michigan MLS
  • 2014-09-15 Listing Removed SW Michigan MLS
  • 2013-04-24 Sold (MLS) $8,900 REALCOMP
  • 2013-04-24 Sold (MLS) $8,900 SW Michigan MLS
  • 2013-03-16 Listed $9,000 REALCOMP
  • 2013-03-16 Listed $9,000 SW Michigan MLS
  • 2007-01-25 Listing Removed REALCOMP
  • 2006-09-25 Listed $56,500 REALCOMP
  • 2006-09-25 Listed $56,500 SW Michigan MLS
  • 1999-06-25 Sold (Public Records) $35,000 Public Records
  • 1999-05-18 Listing Removed REALCOMP
  • 1998-10-21 Listed $32,000 REALCOMP
  • 1998-10-21 Listed $32,000 SW Michigan MLS

Property tax history

+2.3%/yr

Latest (2025): $1,141 · +2.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…