56643 Sunset Dr, Shelby Township, MI, 48316 | $128/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Shelby Township at 56643 Sunset Dr, Shelby Township, MI, 48316 uses $99,450 cash to close to unlock $1,536/yr annual cash flow and $128/mo monthly cash flow. Total monthly income runs $2,381/mo, and a $1,468/mo payment keeps the spread at $128/mo. Purchase price stands at $300,000, and rental yield measures 9.52% with $2,381/mo rent. Return on cash invested shows 21.45% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 112.84% and total cumulative return in cash records $112,224. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,381/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Condo

Built in 2005

N/A lot

$N/A/sqft

$275 monthly 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