Shelby Township, MI — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

2.5%

Below average

Monthly Cash Flow

-$1,358

After all expenses

Price-to-Rent

19.5

Overpriced for rent

DSCR

0.39

Fails

📊 Key Metrics

Median Home Price
$420,544
Average Rent (3BR)
$1,750/mo
Price-to-Rent Ratio
19.5(high)
1% Rule
0.43%(fails — need 1%+)
Cash-on-Cash Return
-16.8%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Shelby Township for Investors

48317
Cap Rate: 4.0%Cash Flow: -$591/mo$300,671
48316
Cap Rate: 2.5%Cash Flow: -$1,358/mo$420,544
48315
Cap Rate: 1.6%Cash Flow: -$1,910/mo$475,740

All Zip Codes in Shelby Township

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
483174.0%-$591$300,671$1,750/mo0.63
483162.5%-$1,358$420,544$1,800/mo0.39
483151.6%-$1,910$475,740$1,580/mo0.25