264 Ruby WayWilliamstonMI48895
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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
Investment property for sale in Williamston at 264 Ruby Way, Williamston, MI, 48895 uses $165,717 cash to close to unlock $8,990/yr annual cash flow and $749/mo monthly cash flow. Total monthly income runs $4,046/mo, and a $2,447/mo payment keeps the spread at $749/mo. Purchase price stands at $499,900, and rental yield measures 9.71% with $4,046/mo rent. Return on cash invested shows 25.33% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 132.49% and total cumulative return in cash records $219,552. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,046/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1977
2.05 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: Lisa Hall • Real Estate One, Randolph
Mls Name: MichRIC
Mls Provider:
Mls ID: #25041124
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.