1684 E Sherwood RdWilliamstonMI48895
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Williamston at 1684 E Sherwood Rd, Williamston, MI, 48895 offers a 9.19% rental yield on a $169,900 purchase with $1,301/mo rent. Total monthly income registers $1,301/mo, and a $832/mo payment leaves $180/mo available for distribution. Annual cash flow reaches $2,162/yr on $56,322 to close, and return on cash invested stands at 23.75% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 124.05% and total cumulative return in cash at $69,866. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,301/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.55 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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Listed by: John H Schlundt-Bodien • Greenridge Realty (Summit)
Mls Name: MichRIC
Mls ID: #25061518