257 Willowside DrShelbyMI49455
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 Shelby at 257 Willowside Dr, Shelby, MI, 49455 priced at $224,000 converts $2,160/mo rent into $653/mo cash flow after a $1,096/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $7,838/yr on $74,256 invested. Return on cash invested prints 30.46% in year one, and rental yield reads 11.57% against a $224,000 entry. Equity gained on principal adds $1,445/yr, while 5% annual appreciation compiles into $61,887 by year five. Five-year ROI reaches 160.22% and total cumulative return in cash sums $118,975. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,096/mo payment, not borrower’s personal income.
Single Family
Built in 2024
8,276 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49455, Shelby, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,786 (100%) |
| Owner Occupied HU | 1,596 (57.3%) |
| Renter Occupied HU | 426 (15.3%) |
| Vacant Housing Units | 764 (27.4%) |
| Median Home Value | $188,406 |
| Average Home Value | $265,445 |
Housing Distribution
Address Breakdown
Residential
2,514
Single Family
2,426
Multi-Family
88
Businesses
169
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