4301 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 $2,693/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 4.97% with $2,693/mo rent. Return on cash invested shows 11.06% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 55.93% and total cumulative return in cash records $119,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,693/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 2012
4,791 sqft lot
$N/A/sqft
$125 annually 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: Julie A O`Neill • 616 Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25018807
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.