3991 Oakfield CtShelby 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 3991 Oakfield Ct, Shelby Township, MI, 48316 listed at $692,000 pairs $4,177/mo rent with a $3,387/mo payment. Total monthly income runs $4,177/mo. Return on cash invested measures 18.02% in year one, and rental yield registers 7.24% at a $692,000 basis. Equity gained on principal adds $4,465/yr, and annual property appreciation at 5% supports $191,187 by year five. Five-year ROI tracks 93.24% and total cumulative return in cash totals $212,268. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,177/mo property income relative to a $3,387/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.77 Acres lot
$N/A/sqft
No 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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Listed by: James Doran • Real Estate One-Rochester
Mls Name: Realcomp II
Mls ID: #20261002876