55608 Bay Oaks 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 55608 Bay Oaks Ct, Shelby Township, MI, 48315 offers a 7.05% rental yield on a $798,272 purchase with $4,688/mo rent. 18% in year one. Equity gained on principal adds $5,151/yr while 5% annual appreciation supports $220,548 over five years. Portfolio math shows five-year ROI at 88.78% and total cumulative return in cash at $233,165. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,688/mo property income against a $3,907/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
10,400 sqft lot
$N/A/sqft
$55 monthly 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: N/A • MJC Companies
Mls Name: MJC Companies
Mls ID: #N/A