6335 Thorneycroft DrShelby TownshipMI48316
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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 6335 Thorneycroft Dr, Shelby Township, MI, 48316 uses $138,236 cash to close to unlock $397/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $2,783/mo, and a $2,041/mo payment keeps the spread at $33/mo. Purchase price stands at $417,000, and rental yield measures 8.01% with $2,783/mo rent. Return on cash invested shows 20.2% in year one, and 5% annual appreciation builds toward $115,209 over five years. Five-year ROI reaches 104.94% and total cumulative return in cash records $145,069. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,783/mo property income covering a $2,041/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.46 Acres 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
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Listed by: Austin Bateman • Max Broock, REALTORS-Royal Oak
Mls Name: Realcomp II
Mls ID: #20251054586