49285 Ashley CtShelby TownshipMI48315
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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 49285 Ashley Ct, Shelby Township, MI, 48315 earns $102/mo cash flow from $1,948/mo rent with a $1,370/mo payment. Total monthly income totals $1,948/mo, and annual cash flow totals $1,226/yr on $92,787 capital. ROI tracks 21.23% on current figures, and rental yield reads 8.35% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 110.5% and total cumulative return in cash sums $102,529. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,948/mo property income instead of your personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48315, Utica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,660 (100%) |
| Owner Occupied HU | 9,734 (83.5%) |
| Renter Occupied HU | 1,562 (13.4%) |
| Vacant Housing Units | 364 ( 3.1%) |
| Median Home Value | $387,075 |
| Average Home Value | $384,918 |
Housing Distribution
Address Breakdown
Residential
11,656
Single Family
11,075
Multi-Family
581
Businesses
1,095
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Listed by: Melissa Little • Prime + Property
Mls Name: Realcomp II
Mls ID: #20261003109