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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Shelby, MI
Listed for sale 6 days ago
$ 239,900
ROI
23.4
Cash Flow/m
241- 3 Bed
- 1 Bath
- 1007 sft
2423 S 40th Ave, Shelby, MI, 49455
Listed for sale 7 days ago
$ 279,000
ROI
23.5Cash Flow/m
290- 3 Bed
- 2 Bath
- 1356 sft
299 Aspen Hill Dr, Shelby, MI, 49455
Listed for sale 7 days ago
$ 175,000
ROI
24.7Cash Flow/m
242- 3 Bed
- 2 Bath
- 1372 sft
354 Lesada Ave, Shelby, MI, 49455
$ 299,900
ROI
23.6Cash Flow/m
318- 3 Bed
- 1 Bath
- 1480 sft
1085 S 96th Ave, Shelby, MI, 49455
Why Invest in Shelby, Michigan?
Investing in Shelby, MI offers a unique opportunity in a growing Michigan market with stable rental yields. This city shows a solid average ROI around 7%, combined with a rental yield near 8% making multifamily properties attractive. Appreciation rates have remained steady at close to 3% annually. With renter-occupied units comprising about 38% of properties, Shelby provides a balanced renter-owner mix for diversified portfolios.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$500/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Shelby, MI is approximately 8%, reflecting steady rental demand and affordable housing options.
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