FOR_SALEExcellent Deal209 days on market

508 Red Cedar Blvd

508 Red Cedar Blvd, Williamston, MI 48895, Williamston, MI 48895
$127,900
Zestimate®:$138,900$11,000 Under Market

Listing Price

Property image 1
508 Red Cedar Blvd, Williamston, MI 48895
Loc: Williamston, MI
Days Listed
209
Zestimate®
$139k
8% Under Valued
Rent Estimate
$1,867/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Williamston Explorer Elementary School

3-5
0.3 mi away
8

Williamston Middle School

6-8
0.5 mi away
9

Williamston High School

9-12
0.7 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
13.63%
Total ROI
57.8%
Cash Flow
$806/mo
DSCR
2.25
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2025-12-30Price change$139,900$85
2025-10-13Price change$149,900$91
2025-09-04Price change$159,900$97
2025-08-07Listed for sale$174,900$106
2013-09-06Listing removed$44,500$27

Tax History

YearProperty TaxTax Assessment
No tax data available for this property.
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
2
Sq Ft
1,650
Built
1981
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $127,900Rent Basis: Observed Comp Model ($1,867/mo)State Tax Benchmark: 1.54% (MI)Hazard Reserve: $100/mo
Haven ScoreExcellent
10/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
11.01%

NOI: $14,081/yr

Cash-on-Cash Yield
20.8%

On $29,417 invested

DSCR Ratio
1.77x

Prime loan qualification

5-Yr Leveraged ROI
+198.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.54% of basis)-$164/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$93/mo
Repairs & Maintenance (10% of rent)-$187/mo
Property Management (8% of rent)-$149/mo
Total Pure Operating Expenses-$694/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,867/mo
Less: Operating Expenses-$694/mo
Net Operating Income (NOI)+$1,173/mo
Less: Debt Service (30yr @ 6.75%)-$664/mo
Net Cash Flow
$510/mo
$6,118/year
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