8159 Smiley Ave, Shelby Township, MI, 48316 | 7.6% Rental Yield

For Sale

Ziffy Mortgage

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

Total monthly income runs $2,658/mo, and a $2,055/mo payment. Purchase price stands at $419,800, and rental yield measures 7.6% with $2,658/mo rent. Return on cash invested shows 18.95% in year one, and 5% annual appreciation builds toward $115,983 over five years. Five-year ROI reaches 98.27% and total cumulative return in cash records $136,756. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,658/mo property income covering a $2,055/mo payment rather than investor’s personal income.

Single Family

Built in 1959

0.32 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