2391 Forest Oak TrlWilliamstonMI48895
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2391 Forest Oak Trl, Williamston, MI, 48895 in Williamston is a solid income-producing rental, 9.76% gross yield, $4,921/mo rent, $809/mo net cash flow on a $605,000 buy. DSCR 1.81 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $167,150 and $5,572/yr in principal reduction project a total cumulative return of $283,062.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 7.2% |
| Monthly Cash Flow | $809 | $800 |
City averages based on Williamston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,921 |
| Total Monthly Debt Service | $3,872 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
0.55 Acres lot
$N/A/sqft
$250 annually 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
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
Single Family
Built in 1997
0.55 Acres lot
$N/A/sqft
$250 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Minerick • HomeCoin.com
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50185283
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