10714 Stoneridge DrShelbyvilleMI49344
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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 Shelbyville at 10714 Stoneridge Dr, Shelbyville, MI, 49344 generates $3,529/mo in rent and, after a $2,039/mo payment, leaves $782/mo in cash flow. Total monthly income is $3,529/mo, and annual cash flow is $9,383/yr on $138,070 invested. Return on cash invested sits at 26.71% in year one, and rental yield is 10.17% on a $416,500 entry. Equity gained on principal adds $2,688/yr, while 5% annual appreciation builds toward $115,071 over five years. Five-year ROI reaches 139.82% and total cumulative return in cash sums $193,044. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,529/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49344, Shelbyville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,847 (100%) |
| Owner Occupied HU | 1,280 (69.3%) |
| Renter Occupied HU | 200 (10.8%) |
| Vacant Housing Units | 367 (19.9%) |
| Median Home Value | $304,611 |
| Average Home Value | $352,563 |
Housing Distribution
Address Breakdown
Residential
1,713
Single Family
1,713
Multi-Family
0
Businesses
87
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