3366 Forster LnShelby TownshipMI48316
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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
Investment property for sale in Shelby Township at 3366 Forster Ln, Shelby Township, MI, 48316 earns from $6,161/mo rent with a $6,686/mo payment. Total monthly income totals $6,161/mo. ROI tracks 12.57% on current figures, and rental yield reads 5.41% at a $1,366,000 purchase. Equity gained on principal adds $8,815/yr, and 5% annual appreciation supports $377,401 over five years. Five-year ROI reaches 63.98% and total cumulative return in cash sums $283,177. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,161/mo property income instead of your personal income.
Single Family
Built in 2023
0.29 Acres lot
$N/A/sqft
$341 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48316, Utica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,054 (100%) |
| Owner Occupied HU | 9,236 (76.6%) |
| Renter Occupied HU | 2,342 (19.4%) |
| Vacant Housing Units | 476 ( 3.9%) |
| Median Home Value | $414,600 |
| Average Home Value | $442,483 |
Housing Distribution
Address Breakdown
Residential
12,138
Single Family
11,179
Multi-Family
959
Businesses
597
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Nearby investment properties with comparable prices
Listed by: George Kallapure • Ladds Inc
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20230023204
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-02-15 23:56:44 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702