269 Aspen Hill 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
Investment property for sale in Shelby at 269 Aspen Hill Dr, Shelby, MI, 49455 with 5% annual appreciation on a $224,000 basis while $1,519/mo rent supports operations. Total monthly income totals $1,519/mo and a $1,096/mo payment preserves $42/mo for cash returns. Annual cash flow comes to $506/yr on $74,256 deployed, and return on cash invested reaches 20.59% in year one. Equity gained on principal adds $1,445/yr, and five-year appreciation sums $61,887 alongside rental yield of 8.14%. Five-year ROI measures 107.07% and total cumulative return in cash totals $79,507.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,519/mo property income versus a $1,096/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2024
8,276 sqft lot
$N/A/sqft
No 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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