Potential Profit$25,238
This property is available as a fixer upper at W Ruby Rd. This property features 2 bedrooms and 1.1 bathrooms, perfect for investment and/or your personal residence. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Sheridan, specifically for W Ruby Rd and comparable listings. Based on this expert analysis, the estimated market value is $133,289. This has potential equity of $25,238. If purchased for rental purposes, the monthly rental rate could range between $870 and $1,171, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $25,238. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on W Ruby Rd are updated daily along with others in Sheridan, Michigan, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 3 schools in the area. Nearby schools include Sheridan Elementary School and Central Montcalm High School.
There are plenty of activities near this property like Sheridan Public Library, Montcalm County Health Department, and more.
Public transportation options include: Limited bus services connecting to nearby towns, Ride-sharing options available in the area. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Sheridan Community Park, Duncan Lake Park and more.
Services available in the area include cellular and internet options.
This property in Sheridan, MI is located in the Sub-rosa Subdivision.
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The estimated rental value for W Ruby Rd located in Sheridan, MI is $1,020/month. Comparable homes around W Ruby Rd that are rentals have monthly ranges starting as low as $870 per month and as high as $1,171 per month. An owner looking to use this property as an investment could bring a return in the area of $870 - $1,171 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 05/25/25 | Fixer Upper | ||
| 02/17/25 | 04/01/25 | Preforeclosure | HOUSING AND URBAN DEVELOPMENT |
| 02/14/25 | 04/01/25 | Preforeclosure | United States Secretary Of ... |
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