54729 Camden CtShelby TownshipMI48316
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 54729 Camden Ct, Shelby Township, MI, 48316 listed at $659,877 pairs $3,593/mo rent with a $3,230/mo payment. Total monthly income runs $3,593/mo. Return on cash invested measures 15.87% in year one, and rental yield registers 6.53% at a $659,877 basis. Equity gained on principal adds $4,258/yr, and annual property appreciation at 5% supports $182,312 by year five. Five-year ROI tracks 81.68% and total cumulative return in cash totals $177,331. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,593/mo property income relative to a $3,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48316, Utica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,054 (100%) |
| Owner Occupied HU | 9,236 (76.6%) |
| Renter Occupied HU | 2,342 (19.4%) |
| Vacant Housing Units | 476 ( 3.9%) |
| Median Home Value | $414,600 |
| Average Home Value | $442,483 |
Housing Distribution
Address Breakdown
Residential
12,138
Single Family
11,179
Multi-Family
959
Businesses
597
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal Silveri • Brookstone, Realtors LLC
Mls Name: MiRealSource
Mls ID: #50198028