3220 Kirkridge DrWilliamsburgMI49690
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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 Williamsburg at 3220 Kirkridge Dr, Williamsburg, MI, 49690 generates $5,442/mo in rent and, after a $3,793/mo payment, leaves $332/mo in cash flow. Total monthly income is $5,442/mo, and annual cash flow is $3,978/yr on $254,975 invested. Return on cash invested sits at 21.62% in year one, and rental yield is 8.43% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 112.53% and total cumulative return in cash sums $286,915. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,442/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49690, Williamsburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,990 (100%) |
| Owner Occupied HU | 2,399 (60.1%) |
| Renter Occupied HU | 406 (10.2%) |
| Vacant Housing Units | 1,185 (29.7%) |
| Median Home Value | $425,281 |
| Average Home Value | $582,253 |
Housing Distribution
Address Breakdown
Residential
3,146
Single Family
3,017
Multi-Family
129
Businesses
198
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Listed by: James Christians • REO-TCRandolph-233022
Mls Name: NGLRMLS
Mls ID: #1937574