5716 N 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 5716 N Creeks Xing, Williamsburg, MI, 49690 priced at $249,900 converts $1,435/mo rent into after a $1,223/mo obligation. Total monthly income equals $1,435/mo. Return on cash invested prints 12.35% in year one, and rental yield reads 6.89% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 64.51% and total cumulative return in cash sums $53,438. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,435/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$3,708 annually 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: Kevin Perkins • Coldwell Banker Schmidt Traverse City
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1930134
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.