1375 Burkley RdWilliamstonMI48895
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Williamston at 1375 Burkley Rd, Williamston, MI, 48895 offers $6,006/mo rent that, after a $2,936/mo payment, leaves $1,971/mo cash flow. Total monthly income is $6,006/mo, and annual cash flow is $23,648/yr on $197,367 cash. Return on cash invested measures 32.04% in year one, and rental yield stands at 12.01% at a $599,900 entry. Equity gained on principal adds $3,871/yr while 5% annual appreciation compounds into $165,741 by year five. Five-year ROI records 168.58% and total cumulative return in cash reaches $332,728. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,006/mo property income versus a $2,936/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
10.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48895, Williamston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,710 (100%) |
| Owner Occupied HU | 3,814 (81.0%) |
| Renter Occupied HU | 697 (14.8%) |
| Vacant Housing Units | 199 ( 4.2%) |
| Median Home Value | $344,354 |
| Average Home Value | $358,692 |
Housing Distribution
Address Breakdown
Residential
4,610
Single Family
4,455
Multi-Family
155
Businesses
429
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Nearby investment properties with comparable prices
Listed by: Mike Plemmons • Michigan Whitetail Properties
Mls Name: MichRIC
Mls Provider:
Mls ID: #24041899
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.