53283 Jaclyn DrShelby TownshipMI48315
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 53283 Jaclyn Dr, Shelby Township, MI, 48315 uses $213,850 cash to close to unlock $4,296/yr annual cash flow and $358/mo monthly cash flow. Total monthly income runs $4,644/mo, and a $3,181/mo payment keeps the spread at $358/mo. Purchase price stands at $650,000, and rental yield measures 8.57% with $4,644/mo rent. Return on cash invested shows 22.07% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 114.92% and total cumulative return in cash records $245,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,644/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yasmin Rogers • EXP Realty Main
Mls Name: Realcomp II
Mls ID: #20251061424