468 Red Cedar Blvd #2WilliamstonMI48895
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 468 Red Cedar Blvd #2, Williamston, MI, 48895 offers $2,521/mo rent that, after a $910/mo payment, leaves $897/mo cash flow. Total monthly income is $2,521/mo, and annual cash flow is $10,762/yr on $61,659 cash. Return on cash invested measures 37.36% in year one, and rental yield stands at 16.26% at a $186,000 entry. Equity gained on principal adds $1,200/yr while 5% annual appreciation compounds into $51,388 by year five. Five-year ROI records 199.78% and total cumulative return in cash reaches $123,184. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,521/mo property income versus a $910/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1992
N/A lot
$N/A/sqft
$398 monthly 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: Lisa Fletcher • Berkshire Hathaway HomeServices
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #287979
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS