47336 Westlake DrShelby TownshipMI48315








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Nearby investment properties with comparable prices

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 47336 Westlake Dr, Shelby Township, MI, 48315 listed at $405,000 pairs $6,169/mo rent with a $1,982/mo payment to leave $3,463/mo cash flow. Total monthly income runs $6,169/mo, and annual cash flow reaches $41,553/yr on $134,258 cash to close. Return on cash invested measures 50.86% in year one, and rental yield registers 18.28% at a $405,000 basis. Equity gained on principal adds $2,613/yr, and annual property appreciation at 5% supports $111,894 by year five. Five-year ROI tracks 269.46% and total cumulative return in cash totals $361,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,169/mo property income relative to a $1,982/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48315, Utica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,660 (100%) |
| Owner Occupied HU | 9,734 (83.5%) |
| Renter Occupied HU | 1,562 (13.4%) |
| Vacant Housing Units | 364 ( 3.1%) |
| Median Home Value | $387,075 |
| Average Home Value | $384,918 |
Housing Distribution
Address Breakdown
Residential
11,656
Single Family
11,075
Multi-Family
581
Businesses
1,095
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Listed by: Aundrea Newbern • eXp Realty, LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24033671
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








