4278 W Joy RdShelbyvilleMI49344
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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 $1,951/mo, and a $2,658/mo payment. Purchase price stands at $543,100, and rental yield measures 4.31% with $1,951/mo rent. Return on cash invested shows 9.11% in year one, and 5% annual appreciation builds toward $150,049 over five years. Five-year ROI reaches 45.44% and total cumulative return in cash records $81,195. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,951/mo property income covering a $2,658/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No 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: N/A • N/A
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Mls ID: #N/A