The Austin Plan, Preston CornersYx6qyj Shelby TownshipMI48315
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 Yx6qyj Shelby Township at The Austin Plan, Preston Corners, Yx6qyj Shelby Township, MI, 48315 priced at $582,990 converts $4,055/mo rent into $211/mo cash flow after a $2,853/mo obligation. Total monthly income equals $4,055/mo, and annual cash flow totals $2,531/yr on $191,804 invested. Return on cash invested prints 21.38% in year one, and rental yield reads 8.35% against a $582,990 entry. Equity gained on principal adds $3,762/yr, while 5% annual appreciation compiles into $161,069 by year five. Five-year ROI reaches 111.23% and total cumulative return in cash sums $213,335. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,055/mo property income covering a $2,853/mo payment, not borrower’s personal income.
Single Family
Built in 2026
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Lombardo Homes Michigan
Mls Name: Lombardo Homes
Mls ID: #N/A