20 Berreta DrShelbyvilleMI49344
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
Rental property for sale in Shelbyville at 20 Berreta Dr, Shelbyville, MI, 49344 generates $2,417/mo in rent and, after a $1,713/mo payment, leaves $109/mo in cash flow. Total monthly income is $2,417/mo, and annual cash flow is $1,310/yr on $115,992 invested. Return on cash invested sits at 21.04% in year one, and rental yield is 8.29% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 109.47% and total cumulative return in cash sums $126,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,417/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
1.06 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Schaefer • Hello Homes GR
Mls Name: MichRIC
Mls Provider:
Mls ID: #25023881
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.