The Austin Plan, Preston CornersShelby TownshipMI48315
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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 The Austin Plan, Preston Corners, Shelby Township, MI, 48315 with 5% annual appreciation on a $572,990 basis while $4,796/mo rent supports operations. Total monthly income totals $4,796/mo and a $2,805/mo payment preserves $1,017/mo for cash returns. Annual cash flow comes to $12,203/yr on $188,514 deployed, and return on cash invested reaches 26.53% in year one. Equity gained on principal adds $3,697/yr, and five-year appreciation sums $158,307 alongside rental yield of 10.04%. Five-year ROI measures 138.87% and total cumulative return in cash totals $261,784.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,796/mo property income versus a $2,805/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48315, Utica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,660 (100%) |
| Owner Occupied HU | 9,734 (83.5%) |
| Renter Occupied HU | 1,562 (13.4%) |
| Vacant Housing Units | 364 ( 3.1%) |
| Median Home Value | $387,075 |
| Average Home Value | $384,918 |
Housing Distribution
Address Breakdown
Residential
11,656
Single Family
11,075
Multi-Family
581
Businesses
1,095
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Listed by: N/A • Lombardo Homes Michigan
Mls Name: Lombardo Homes
Mls ID: #N/A