S 40th AveShelbyMI49455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Shelby at S 40th Ave, Shelby, MI, 49455 priced at $100,000 pairs $2,374/mo rent with $1,715/mo cash flow after a $489/mo payment. Total monthly income equals $2,374/mo, and annual cash flow comes to $20,580/yr on $33,150 invested. Return on cash invested is 81.99% in year one, and rental yield stands at 28.49% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 436.25% and total cumulative return in cash reaches $144,616. For financing, Ziffy Mortgage’s DSCR program evaluates $2,374/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49455, Shelby, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,786 (100%) |
| Owner Occupied HU | 1,596 (57.3%) |
| Renter Occupied HU | 426 (15.3%) |
| Vacant Housing Units | 764 (27.4%) |
| Median Home Value | $188,406 |
| Average Home Value | $265,445 |
Housing Distribution
Address Breakdown
Residential
2,514
Single Family
2,426
Multi-Family
88
Businesses
169
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