Shelby Township, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Shelby Township, MI. Based on 10+ datapoints.
Shelby Township, MI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.6%
Avg Cash on Cash
-10.4%
Median Cashflow
-$582/mo
Avg Rent Estimate
$2,697/mo
Avg Price
$478,121
Price Range
$324,000 - $689,900
Rent to Price
0.56%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Shelby Township, MI
Shelby Township, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.6%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Shelby Township, MI is -$582 with average rents of $2,697/month. Properties range from $324,000 to $689,900, offering entry points across multiple investment budgets.
55228 Benson Ct, Shelby Township, MI 48316
Price
$681,200
Rent
$2,480
CachFlow
-$2,605
CoC
-21.85
6910 Montgomery Dr, Shelby Township, MI 48316
Price
$463,100
Rent
$3,500
CachFlow
-$216
CoC
-2.67
11921 Rain Tree Ct, Shelby Township, MI 48315
Price
$550,000
Rent
$3,922
CachFlow
-$419
CoC
-4.35
54524 Pocahontas Dr, Shelby Township, MI 48315
Price
$456,000
Rent
$3,321
CachFlow
-$346
CoC
-4.34
Shelby Township, MI Rental Market Insights
- •Median cashflow is -$582/month — careful deal selection is essential here
- •4.6% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Shelby Township, MI requires selective property picks
- •Premium market with properties from $324,000 to $689,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs