370 S Cedar St · Williamston, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +18.8/30.0
- ARV discount +15.0/15.0
- 1% rule +6.7/10.0
- DSCR +5.9/10.0
- Schools +5.0/10.0
- Livability +4.3/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$185,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
* * Highest and Best Due 4/26 at 6pm * * Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. This listing contains some digitally altered photos. Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. The living room offers original wood floors and even includes a gas line, perfectly positioned for adding a gas fireplace in the corner. The lower level provides valuable additional living space, two bedrooms, a laundry room and an extra room ideal for a home office, gym, hobby room, or extra storage. With four true bedrooms, this home provides versatility for guests, remote work, or a growing household. Outdoor living is equally impressive with a fully fenced backyard featuring privacy fencing, ideal for pets, play, or relaxing evenings outdoors. An additional side yard with storage shed adds convenience,
Key facts
- 7,405 sq ft lot
- Built 1943
- Listed 8 days
Property features AI
Exterior
- Parking: Driveway (no attached garage)
- Utilities: Public sewer
- Home design: One level; Built in 1943; Living area approximately 1491; Subdivision: Owen; Current use: Investment
- Construction: Vinyl siding; Shingle roof; Basement: full, partially finished, egress windows, sump pump
- Exterior features: Lighting; Private yard; Rain gutters; Storage shed(s); Deck; Front porch; Patio; Porch
Interior
- Kitchen: Dishwasher; Microwave; Oven; Range; Refrigerator; Eat-in kitchen; Pantry
- Bedrooms: 4 bedrooms (includes a primary bedroom and three additional bedrooms); Bonus room
- Flooring: Carpet; Hardwood; Other
- Bathrooms: 2 full bathrooms
- Heating & cooling: Forced air heating; Central air conditioning
- Interior features: Bookcases; Built-in features; Ceiling fan(s); Eat-in kitchen; Pantry; Recessed lighting; Storage; Fireplace
- Laundry & utility: Laundry room; Basement has bath stubbed
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $185k.
Deal economics
- At list price, monthly cash flow is $186 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $185k).
Location & tenants
- Location reads 86/100 on livability (#19 in MI, #359 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities D-, health & safety D-.
- Williamston Community Schools (town): math 49% / reading 62% proficiency, ranked #55 of 540 in MI (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 16% free/reduced lunch — higher-income household profile.
- Market conditions: 59 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 350 units permitted in Ingham County in 2024 (186 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Ingham County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
- 6 sale attempts since 10y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $150k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: property tax is 3.1% of price; built in 1943 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1943 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.17% ✓
- Cap rate
- 7.50%
- Cash-on-cash
- 4.30%
- DSCR
- 1.19
- GRM
- 7.1
CMA / ARV
- ARV (on-the-fly)
- $259,434
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 370 S Cedar St | 0.00mi | 4/2.0 | 1,491 (0%) | 1mo | $187,500 | $126 | 99 |
| 316 Leasia St | 0.13mi | 3/1.0 (-1) | 1,418 (-5%) | 10mo | $235,000 | $166 | 68 |
| 133 E Riverside St | 0.48mi | 3/2.0 (-1) | 1,556 (+4%) | 8mo | $270,000 | $174 | 59 |
| 324 E Church St | 0.53mi | 4/2.0 | 1,353 (-9%) | 1mo | $265,000 | $196 | 59 |
| 718 W Grand River Ave | 0.64mi | 3/2.0 (-1) | 1,534 (+3%) | 2mo | $250,000 | $163 | 59 |
| 333 S Putnam St | 0.03mi | 3/1.0 (-1) | 1,288 (-14%) | 12mo | $187,500 | $146 | 57 |
| 300 E Church St | 0.53mi | 3/2.0 (-1) | 1,596 (+7%) | 11mo | $291,000 | $182 | 49 |
| 521 High St | 0.35mi | 4/1.5 | 1,680 (+13%) | 14mo | $333,521 | $199 | 49 |
| 824 E Grand Riv | 0.42mi | 3/1.0 (-1) | 1,302 (-13%) | 4mo | $230,000 | $177 | 47 |
| 700 Hickory Ln | 0.75mi | 3/2.0 (-1) | 1,412 (-5%) | 14mo | $215,000 | $152 | 40 |
| 621 Mccauley St | 0.60mi | 3/1.0 (-1) | 1,602 (+7%) | 14mo | $206,330 | $129 | 39 |
| 136 W Church St | 0.58mi | 3/2.0 (-1) | 1,304 (-12%) | 11mo | $230,000 | $176 | 38 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -9.5%
- Equity multiple
- 0.65×
- Total profit
- $-17,962
- Equity at exit
- $27,584
- IRR
- 0.1%
- Equity multiple
- 1.01×
- Total profit
- $338
- Equity at exit
- $15,995
Cash invested: $51,800 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 48895
- Active inventory
- 59
- Price-to-rent
- 7.1×
Monthly cashflow live
- Estimated rent
- $2,162 medium interval (Pro) →
- Mortgage (P&I)
- −$970
- Tax from tax record
- −$475 /mo · $5,695/yr
- Insurance
- −$77
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$454
- Net cashflow
- $186
Break-even live
Sensitivity live
| Price | -10% $291 | -5% $238 | +0% $186 | +5% $133 | +10% $81 |
|---|---|---|---|---|---|
| Rent | -10% $15 | -5% $100 | +0% $186 | +5% $271 | +10% $357 |
| Rate | -1.0pp $279 | -0.5pp $233 | base $186 | +0.5pp $138 | +1.0pp $89 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $46,250
- Closing costs
- $5,550
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 2 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 123 E Riverside St Williamston, MI | 3.0 | 2.0 | 1292 | $1,975 | $1.53 | 14d | 1 | 0.47mi |
| 2155 Mitchell Rd Williamston, MI | 3.0 | 2.0 | 1492 | $2,530 | $1.70 | 14d | 1 | 1.07mi |
Listing history 21 events
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2026-05-01status Pending 2056-char remark
Show marketing remark (2056 chars)
* * Highest and Best Due 4/26 at 6pm * * Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. This listing contains some digitally altered photos. Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. The living room offers original wood floors and even includes a gas line, perfectly positioned for adding a gas fireplace in the corner. The lower level provides valuable additional living space, two bedrooms, a laundry room and an extra room ideal for a home office, gym, hobby room, or extra storage. With four true bedrooms, this home provides versatility for guests, remote work, or a growing household. Outdoor living is equally impressive with a fully fenced backyard featuring privacy fencing, ideal for pets, play, or relaxing evenings outdoors. An additional side yard with storage shed adds convenience,
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2026-05-01status Pending
Show marketing remark (2056 chars)
* * Highest and Best Due 4/26 at 6pm * * Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. This listing contains some digitally altered photos. Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. The living room offers original wood floors and even includes a gas line, perfectly positioned for adding a gas fireplace in the corner. The lower level provides valuable additional living space, two bedrooms, a laundry room and an extra room ideal for a home office, gym, hobby room, or extra storage. With four true bedrooms, this home provides versatility for guests, remote work, or a growing household. Outdoor living is equally impressive with a fully fenced backyard featuring privacy fencing, ideal for pets, play, or relaxing evenings outdoors. An additional side yard with storage shed adds convenience,
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2026-04-27historical Active Under Contract 2056-char remark
Show marketing remark (2056 chars)
* * Highest and Best Due 4/26 at 6pm * * Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. This listing contains some digitally altered photos. Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. The living room offers original wood floors and even includes a gas line, perfectly positioned for adding a gas fireplace in the corner. The lower level provides valuable additional living space, two bedrooms, a laundry room and an extra room ideal for a home office, gym, hobby room, or extra storage. With four true bedrooms, this home provides versatility for guests, remote work, or a growing household. Outdoor living is equally impressive with a fully fenced backyard featuring privacy fencing, ideal for pets, play, or relaxing evenings outdoors. An additional side yard with storage shed adds convenience,
-
2026-04-27historical Active Under Contract
Show marketing remark (2056 chars)
* * Highest and Best Due 4/26 at 6pm * * Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. This listing contains some digitally altered photos. Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. The living room offers original wood floors and even includes a gas line, perfectly positioned for adding a gas fireplace in the corner. The lower level provides valuable additional living space, two bedrooms, a laundry room and an extra room ideal for a home office, gym, hobby room, or extra storage. With four true bedrooms, this home provides versatility for guests, remote work, or a growing household. Outdoor living is equally impressive with a fully fenced backyard featuring privacy fencing, ideal for pets, play, or relaxing evenings outdoors. An additional side yard with storage shed adds convenience,
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2026-04-23$185,000 Active 2056-char remark
Show marketing remark (2056 chars)
* * Highest and Best Due 4/26 at 6pm * * Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. This listing contains some digitally altered photos. Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. The living room offers original wood floors and even includes a gas line, perfectly positioned for adding a gas fireplace in the corner. The lower level provides valuable additional living space, two bedrooms, a laundry room and an extra room ideal for a home office, gym, hobby room, or extra storage. With four true bedrooms, this home provides versatility for guests, remote work, or a growing household. Outdoor living is equally impressive with a fully fenced backyard featuring privacy fencing, ideal for pets, play, or relaxing evenings outdoors. An additional side yard with storage shed adds convenience,
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2026-04-23$185,000 Active
Show marketing remark (2056 chars)
* * Highest and Best Due 4/26 at 6pm * * Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. This listing contains some digitally altered photos. Welcome home to 370 S Cedar Street in the heart of downtown Williamston. This charming ranch offers more than meets the eye, featuring 4 bedrooms, 2 full bathrooms, and an unbeatable location just steps from local shopping, dining, parks, and all the community events downtown Williamston has to offer. Inside, you will find fresh modern finishes, natural wood floors, and great layout designed for comfortable everyday living. The bright, updated kitchen features stylish cabinetry, generous counter space, and stainless steel appliances, creating a space that is both functional and inviting. Both full bathrooms have been tastefully updated with contemporary finishes. The living room offers original wood floors and even includes a gas line, perfectly positioned for adding a gas fireplace in the corner. The lower level provides valuable additional living space, two bedrooms, a laundry room and an extra room ideal for a home office, gym, hobby room, or extra storage. With four true bedrooms, this home provides versatility for guests, remote work, or a growing household. Outdoor living is equally impressive with a fully fenced backyard featuring privacy fencing, ideal for pets, play, or relaxing evenings outdoors. An additional side yard with storage shed adds convenience,
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2026-04-20historical $185,000
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2023-03-02soldstatus $150,000
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2023-02-16soldstatus $150,000 Closed 796-char remark
Show marketing remark (796 chars)
Welcome to 370 S Cedar Street, if you are an investor looking for an instant cash flowing rental, here it is. This 4 bedroom 2 full bath home is located downtown Williamston! Don't let the exterior fool you, seller has put $40,000 worth of renovations and updates throughout. New mechanicals, appliances, roof and everything in between. Property features large open kitchen, main level and lower level both have 2 bedrooms with fully updated baths. Storage throughout and large deck that overlooks the peaceful backyard which is fully enclosed with a privacy fence and storage shed. Perfectly located in a charming neighborhood walking distance to downtown shops, theatre, movies, stadium, parks and restaurants. This home is ready to be your next cash flowing property. Taxes are non homestead.
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2023-02-16soldstatus $150,000
Show marketing remark (796 chars)
Welcome to 370 S Cedar Street, if you are an investor looking for an instant cash flowing rental, here it is. This 4 bedroom 2 full bath home is located downtown Williamston! Don't let the exterior fool you, seller has put $40,000 worth of renovations and updates throughout. New mechanicals, appliances, roof and everything in between. Property features large open kitchen, main level and lower level both have 2 bedrooms with fully updated baths. Storage throughout and large deck that overlooks the peaceful backyard which is fully enclosed with a privacy fence and storage shed. Perfectly located in a charming neighborhood walking distance to downtown shops, theatre, movies, stadium, parks and restaurants. This home is ready to be your next cash flowing property. Taxes are non homestead.
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2023-01-27status Pending 796-char remark
Show marketing remark (796 chars)
Welcome to 370 S Cedar Street, if you are an investor looking for an instant cash flowing rental, here it is. This 4 bedroom 2 full bath home is located downtown Williamston! Don't let the exterior fool you, seller has put $40,000 worth of renovations and updates throughout. New mechanicals, appliances, roof and everything in between. Property features large open kitchen, main level and lower level both have 2 bedrooms with fully updated baths. Storage throughout and large deck that overlooks the peaceful backyard which is fully enclosed with a privacy fence and storage shed. Perfectly located in a charming neighborhood walking distance to downtown shops, theatre, movies, stadium, parks and restaurants. This home is ready to be your next cash flowing property. Taxes are non homestead.
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2023-01-13$174,900 Active 796-char remark
Show marketing remark (796 chars)
Welcome to 370 S Cedar Street, if you are an investor looking for an instant cash flowing rental, here it is. This 4 bedroom 2 full bath home is located downtown Williamston! Don't let the exterior fool you, seller has put $40,000 worth of renovations and updates throughout. New mechanicals, appliances, roof and everything in between. Property features large open kitchen, main level and lower level both have 2 bedrooms with fully updated baths. Storage throughout and large deck that overlooks the peaceful backyard which is fully enclosed with a privacy fence and storage shed. Perfectly located in a charming neighborhood walking distance to downtown shops, theatre, movies, stadium, parks and restaurants. This home is ready to be your next cash flowing property. Taxes are non homestead.
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2023-01-09historical $174,900 796-char remark
Show marketing remark (796 chars)
Welcome to 370 S Cedar Street, if you are an investor looking for an instant cash flowing rental, here it is. This 4 bedroom 2 full bath home is located downtown Williamston! Don't let the exterior fool you, seller has put $40,000 worth of renovations and updates throughout. New mechanicals, appliances, roof and everything in between. Property features large open kitchen, main level and lower level both have 2 bedrooms with fully updated baths. Storage throughout and large deck that overlooks the peaceful backyard which is fully enclosed with a privacy fence and storage shed. Perfectly located in a charming neighborhood walking distance to downtown shops, theatre, movies, stadium, parks and restaurants. This home is ready to be your next cash flowing property. Taxes are non homestead.
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2023-01-09$174,900
Show marketing remark (796 chars)
Welcome to 370 S Cedar Street, if you are an investor looking for an instant cash flowing rental, here it is. This 4 bedroom 2 full bath home is located downtown Williamston! Don't let the exterior fool you, seller has put $40,000 worth of renovations and updates throughout. New mechanicals, appliances, roof and everything in between. Property features large open kitchen, main level and lower level both have 2 bedrooms with fully updated baths. Storage throughout and large deck that overlooks the peaceful backyard which is fully enclosed with a privacy fence and storage shed. Perfectly located in a charming neighborhood walking distance to downtown shops, theatre, movies, stadium, parks and restaurants. This home is ready to be your next cash flowing property. Taxes are non homestead.
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2022-08-21price $2,000
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2022-01-14soldstatus $68,000
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2016-06-29soldstatus $80,000
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2016-06-07soldstatus $80,000
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2016-06-07soldstatus $80,000
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2016-02-22$78,900
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2016-02-22$78,900
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MI · Partial reset (capped growth)
- Current annual tax
- $5,695 · $475/mo
- Projected year-2 tax
- $5,695 · $475/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $25,938
- − Mortgage interest
- −$10,363
- − Property taxes
- −$5,695
- − Insurance
- −$925
- − Repairs & maintenance
- −$2,075
- − Management
- −$2,075
- − Depreciation
- −$5,382
- Taxable loss
- −$576
- Est. tax savings @ 24.0%
- +$138
- After-tax cash flow
- $2,368/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Williamston Community Schools
- NCES district ID
- 2636420
- Math proficiency
- 49% ▼ -15.00%
- Reading proficiency
- 62% ▼ -8.00%
- Median HH income
- $79,113
- Composite
- 50.08/100
- National rank
- #1909
- State rank
- #55 of 540 in MI
Livability — Williamston
- Score
- 86/100
- State rank
- #19
- US rank
- #359
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Williamston, MI
- City population
- 11,294
- Population (ZIP)
- 11,294
Population outlook (Ingham County) Hauer SSP2
- Today (2025)
- 300,362 people
- By 2030
- 307,808 · +2.5%
- By 2040
- 320,492 · +6.7%
- By 2050
- 333,223 · +10.9%
- By 2075
- 373,693 · +24.4%
- By 2100
- 392,021 · +30.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (93%)
- Race & ethnicity
- White 93% Two or more races 3% Hispanic / Latino 3%
- Common ancestry
- Italian 7% Romanian 6% Lithuanian 5%
- Foreign-born
- 1%
- Languages at home
- 97% English-only · Spanish 1% French/Haitian/Cajun 1% German/W. Germanic 1%
Political lean MEDSL · Ingham
- 2024 margin
- Strong D (+29.7) · D 63.9% · R 34.2% · Other 2.0%
- 2008→2024 swing
- -3.6pp toward R · 2008: 33.3pp · 2024: 29.7pp
- All cycles
- 2024: D+29.7 2020: D+32.2 2016: D+27.6 2012: D+27.9 2008: D+33.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -175.37%
- Current HPI
- 202.0808
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+134.5% since first listed21 events — show timeline
- 2026-05-01 Pending — REALCOMP
- 2026-05-01 Pending — Greater Lansing AoR
- 2026-04-27 Contingent — REALCOMP
- 2026-04-27 Contingent — Greater Lansing AoR
- 2026-04-23 Listed $185,000 REALCOMP
- 2026-04-23 Listed $185,000 Greater Lansing AoR
- 2026-04-20 Coming Soon $185,000 Greater Lansing AoR
- 2023-03-02 Sold (Public Records) $150,000 Public Records
- 2023-02-16 Sold (MLS) $150,000 REALCOMP
- 2023-02-16 Sold (MLS) $150,000 Greater Lansing AoR
- 2023-01-27 Pending — Greater Lansing AoR
- 2023-01-13 Listed $174,900 Greater Lansing AoR
- 2023-01-09 Coming Soon $174,900 Greater Lansing AoR
- 2023-01-09 Listed $174,900 REALCOMP
- 2022-08-21 Price Changed $2,000 RENT.
- 2022-01-14 Sold (Public Records) $68,000 Public Records
- 2016-06-29 Sold (Public Records) $80,000 Public Records
- 2016-06-07 Sold (MLS) $80,000 Greater Lansing AoR
- 2016-06-07 Sold (MLS) $80,000 REALCOMP
- 2016-02-22 Listed $78,900 Greater Lansing AoR
- 2016-02-22 Listed $78,900 REALCOMP
Property tax history
+9.5%/yrLatest (2025): $5,695 · +0.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…