11884 Shawnee PointShelby TownshipMI48315
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
Investment property for sale in Shelby Township at 11884 Shawnee Point, Shelby Township, MI, 48315 uses $144,169 cash to close to unlock $8,564/yr annual cash flow and $714/mo monthly cash flow. Total monthly income runs $3,582/mo, and a $2,129/mo payment keeps the spread at $714/mo. Purchase price stands at $434,900, and rental yield measures 9.88% with $3,582/mo rent. Return on cash invested shows 25.85% in year one, and 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 135.22% and total cumulative return in cash records $194,945. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,582/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48315, Utica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,660 (100%) |
| Owner Occupied HU | 9,734 (83.5%) |
| Renter Occupied HU | 1,562 (13.4%) |
| Vacant Housing Units | 364 ( 3.1%) |
| Median Home Value | $387,075 |
| Average Home Value | $384,918 |
Housing Distribution
Address Breakdown
Residential
11,656
Single Family
11,075
Multi-Family
581
Businesses
1,095
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Catrina Galli • Real Estate One Clinton
Mls Name: MiRealSource
Mls ID: #50189490