5630 E Creeks XingWilliamsburgMI49690
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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
Rental property for sale in Williamsburg at 5630 E Creeks Xing, Williamsburg, MI, 49690 priced at $175,000 converts $1,333/mo rent into after a $857/mo obligation. Total monthly income equals $1,333/mo. Return on cash invested prints 19.3% in year one, and rental yield reads 9.14% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 101.72% and total cumulative return in cash sums $59,011. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,333/mo property income covering a $857/mo payment, not borrower’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$208 monthly 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: Matthew Pellerito • Realteam Real Estate
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50159910
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