3229 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
Investment property for sale in Williamsburg at 3229 Kirkridge Dr, Williamsburg, MI, 49690 listed at $499,000 pairs $3,916/mo rent with a $2,442/mo payment to leave $626/mo cash flow. Total monthly income runs $3,916/mo, and annual cash flow reaches $7,508/yr on $165,419 cash to close. Return on cash invested measures 24.45% in year one, and rental yield registers 9.42% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 127.72% and total cumulative return in cash totals $211,266. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,916/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.36 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: #1938541