994 124th Ave, Shelbyville, MI, 49344 | $258/mo Cash Flow

For Sale

Fix & Flip

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

Investment property for sale in Shelbyville at 994 124th Ave, Shelbyville, MI, 49344 offers a 9.46% rental yield on a $199,999 purchase with $1,577/mo rent. Total monthly income registers $1,577/mo, and a $979/mo payment leaves $258/mo available for distribution. Annual cash flow reaches $3,096/yr on $66,300 to close, and return on cash invested stands at 24.58% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 128.39% and total cumulative return in cash at $85,124. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,577/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

7,840 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49344, Shelbyville, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,847 (100%)
Owner Occupied HU	1,280 (69.3%)
Renter Occupied HU	200 (10.8%)
Vacant Housing Units	367 (19.9%)
Median Home Value	$304,611
Average Home Value	$352,563