48212 Cardinal DrShelby 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
Investment property for sale in Shelby Township at 48212 Cardinal Dr, Shelby Township, MI, 48317 offers a 9.49% rental yield on a $425,000 purchase with $3,361/mo rent. Total monthly income registers $3,361/mo, and a $2,080/mo payment leaves $559/mo available for distribution. Annual cash flow reaches $6,702/yr on $140,888 to close, and return on cash invested stands at 24.67% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 128.89% and total cumulative return in cash at $181,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,361/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.29 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: Geraldine Mitchell • Premiere Realty Group LLC
Mls Name: Realcomp II
Mls ID: #20251043217