402 Crossman StWilliamstonMI48895
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
Rental property for sale in Williamston at 402 Crossman St, Williamston, MI, 48895 priced at $299,900 pairs $2,771/mo rent with $793/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,771/mo, and annual cash flow comes to $9,518/yr on $99,417 invested. Return on cash invested is 29.48% in year one, and rental yield stands at 11.09% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 154.75% and total cumulative return in cash reaches $153,844. For financing, Ziffy Mortgage’s DSCR program evaluates $2,771/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
8,712 sqft 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: Thornton Realty Team • Coldwell Banker Professionals -Okemos
Mls Name: Greater Lansing AOR
Mls ID: #289200