48509 Shagbark Ln #OY4Y6CVan 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
Investment property for sale in Van Buren Township at 48509 Shagbark Ln #OY4Y6C, Van Buren Township, MI, 48111 offers a 10.53% rental yield on a $461,700 purchase with $4,050/mo rent. Total monthly income registers $4,050/mo, and a $2,260/mo payment leaves $1,005/mo available for distribution. Annual cash flow reaches $12,061/yr on $153,054 to close, and return on cash invested stands at 27.79% in year one. Equity gained on principal adds $2,979/yr while 5% annual appreciation supports $127,559 over five years. Portfolio math shows five-year ROI at 145.65% and total cumulative return in cash at $222,919. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,050/mo property income against a $2,260/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A