83 E Newman RdWilliamstonMI48895
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 83 E Newman Rd, Williamston, MI, 48895 priced at $399,900 converts $3,157/mo rent into $520/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,157/mo, and annual cash flow totals $6,242/yr on $132,567 invested. Return on cash invested prints 24.62% in year one, and rental yield reads 9.47% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 128.64% and total cumulative return in cash sums $170,540. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,157/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.50 Acres lot
$N/A/sqft
No 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
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Nearby investment properties with comparable prices
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