48509 Shagbark Ln #200FCOVan Buren TownshipMI48111
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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 Van Buren Township at 48509 Shagbark Ln #200FCO, Van Buren Township, MI, 48111 generates $3,530/mo in rent and, after a $2,042/mo payment, leaves $779/mo in cash flow. Total monthly income is $3,530/mo, and annual cash flow is $9,343/yr on $138,335 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 10.15% on a $417,300 entry. Equity gained on principal adds $2,693/yr, while 5% annual appreciation builds toward $115,292 over five years. Five-year ROI reaches 139.6% and total cumulative return in cash sums $193,115. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,530/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48111, Belleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,990 (100%) |
| Owner Occupied HU | 13,158 (65.8%) |
| Renter Occupied HU | 5,714 (28.6%) |
| Vacant Housing Units | 1,118 ( 5.6%) |
| Median Home Value | $271,917 |
| Average Home Value | $286,480 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
17,138
Multi-Family
2,835
Businesses
655
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Listed by: N/A • N/A
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Mls ID: #N/A