2580 Seymour 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
Total monthly income runs $2,990/mo, and a $3,270/mo payment. Purchase price stands at $668,000, and rental yield measures 5.37% with $2,990/mo rent. Return on cash invested shows 12.26% in year one, and 5% annual appreciation builds toward $184,556 over five years. Five-year ROI reaches 62.36% and total cumulative return in cash records $137,053. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,990/mo property income covering a $3,270/mo payment rather than investor’s personal income.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
$150 annually 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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Listed by: Patricia L Koval • Greenridge Realty (Wayland)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25028520
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.