7303 William 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 7303 William Dr, Shelby Township, MI, 48316 earns from $3,743/mo rent with a $3,421/mo payment. Total monthly income totals $3,743/mo. ROI tracks 15.54% on current figures, and rental yield reads 6.43% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 79.92% and total cumulative return in cash sums $183,782. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,743/mo property income instead of your personal income.
Single Family
Built in 2002
0.25 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: Norman Goldstein • Select Real Estate Professionals
Mls Name: MiRealSource
Mls ID: #50184809