4955 Truax Lake RdWilliamsburgMI49690
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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 4955 Truax Lake Rd, Williamsburg, MI, 49690 offers a 8.22% rental yield on a $679,000 purchase with $4,651/mo rent. Total monthly income registers $4,651/mo, and a $3,323/mo payment leaves $174/mo available for distribution. Annual cash flow reaches $2,084/yr on $223,391 to close, and return on cash invested stands at 20.99% in year one. Equity gained on principal adds $4,381/yr while 5% annual appreciation supports $187,595 over five years. Portfolio math shows five-year ROI at 109.16% and total cumulative return in cash at $243,851. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,651/mo property income against a $3,323/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
1.60 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: Lydia Wiley • @properties Christie's Int'l
Mls Name: NGLRMLS
Mls ID: #1937222