47341 Kennesaw RdgShelby TownshipMI48317
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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
Rental property for sale in Shelby Township at 47341 Kennesaw Rdg, Shelby Township, MI, 48317 generates $2,983/mo in rent and, after a $1,762/mo payment, leaves $609/mo in cash flow. Total monthly income is $2,983/mo, and annual cash flow is $7,310/yr on $119,307 invested. Return on cash invested sits at 26.04% in year one, and rental yield is 9.95% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 136.25% and total cumulative return in cash sums $162,554. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,983/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48317, Utica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,984 (100%) |
| Owner Occupied HU | 7,748 (59.7%) |
| Renter Occupied HU | 4,607 (35.5%) |
| Vacant Housing Units | 629 ( 4.8%) |
| Median Home Value | $291,026 |
| Average Home Value | $319,278 |
Housing Distribution
Address Breakdown
Residential
12,700
Single Family
12,052
Multi-Family
648
Businesses
950
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Listed by: Thomas Zibkowski • Real Estate One Inc-Shelby
Mls Name: MiRealSource
Mls ID: #50189136