The Breckenridge Plan, Legacy Village VillasFz95wo Shelby TownshipMI48316
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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
Rental property for sale in Fz95wo Shelby Township at The Breckenridge Plan, Legacy Village Villas, Fz95wo Shelby Township, MI, 48316 priced at $329,990 converts $1,794/mo rent into after a $1,615/mo obligation. Total monthly income equals $1,794/mo. Return on cash invested prints 15.72% in year one, and rental yield reads 6.52% against a $329,990 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,170 by year five. Five-year ROI reaches 80.95% and total cumulative return in cash sums $88,555. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,794/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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 |
Housing Distribution
Address Breakdown
Residential
12,138
Single Family
11,179
Multi-Family
959
Businesses
597
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Listed by: N/A • Lombardo Homes Michigan
Mls Name: Lombardo Homes
Mls ID: #N/A