555 E William St APT 12IAnn ArborMI48104
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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
Total monthly income runs $1,976/mo, and a $1,419/mo payment. Purchase price stands at $289,900, and rental yield measures 8.18% with $1,976/mo rent. Return on cash invested shows 9.18% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 50.09% and total cumulative return in cash records $48,141. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,976/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$923 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48104, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,614 (100%) |
| Owner Occupied HU | 6,482 (34.8%) |
| Renter Occupied HU | 10,844 (58.3%) |
| Vacant Housing Units | 1,288 ( 6.9%) |
| Median Home Value | $496,124 |
| Average Home Value | $616,672 |
Housing Distribution
Address Breakdown
Residential
18,397
Single Family
11,535
Multi-Family
6,862
Businesses
2,114
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Listed by: Cheryl Sage • Berkshire Hathaway HomeServices Kee Realty
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250021595
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-04-02 02:23:17 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702