49090 Driftwood DrShelby TownshipMI48317
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
Investment property for sale in Shelby Township at 49090 Driftwood Dr, Shelby Township, MI, 48317 listed at $649,000 pairs $4,140/mo rent with a $3,177/mo payment. Total monthly income runs $4,140/mo. Return on cash invested measures 19.27% in year one, and rental yield registers 7.65% at a $649,000 basis. Equity gained on principal adds $4,188/yr, and annual property appreciation at 5% supports $179,307 by year five. Five-year ROI tracks 99.93% and total cumulative return in cash totals $213,372. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,140/mo property income relative to a $3,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hassan I Karadsheh • R2M Realty
Mls Name: Realcomp II
Mls ID: #20251027273