48509 Shagbark Ln #4ILF24Van Buren TownshipMI48111
Nearby investment properties with comparable rents
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
Rental property for sale in Van Buren Township at 48509 Shagbark Ln #4ILF24, Van Buren Township, MI, 48111 generates $3,736/mo in rent and, after a $2,109/mo payment, leaves $894/mo in cash flow. Total monthly income is $3,736/mo, and annual cash flow is $10,734/yr on $142,843 invested. Return on cash invested sits at 27.42% in year one, and rental yield is 10.4% on a $430,900 entry. Equity gained on principal adds $2,781/yr, while 5% annual appreciation builds toward $119,050 over five years. Five-year ROI reaches 143.68% and total cumulative return in cash sums $205,233. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,736/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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A