282 Walnut StShelbyMI49455
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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 282 Walnut St, Shelby, MI, 49455 at $149,000 posts ROI 23.4% with $144/mo cash flow from $1,126/mo rent. Total monthly income equals $1,126/mo, and annual cash flow records $1,724/yr on $49,394 to close. Return on cash invested measures 23.4% and rental yield reads 9.07% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 122.09% and total cumulative return in cash totals $60,304.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,126/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.33 Acres 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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