4314 Harmony DrShelbyvilleMI49344
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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 Shelbyville at 4314 Harmony Dr, Shelbyville, MI, 49344 listed at $585,000 pairs $2,713/mo rent with a $2,863/mo payment. Total monthly income runs $2,713/mo. Return on cash invested measures 12.92% in year one, and rental yield registers 5.57% at a $585,000 basis. Equity gained on principal adds $3,775/yr, and annual property appreciation at 5% supports $161,625 by year five. Five-year ROI tracks 65.89% and total cumulative return in cash totals $126,822. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,713/mo property income relative to a $2,863/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
5,227 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: Dwight J Berens • RE/MAX of Grand Rapids (Stndl)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25004661
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.