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 20+ datapoints.
Shelby Township, MI Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-9.6%
Median Cashflow
-$699/mo
Avg Rent Estimate
$2,679/mo
Avg Price
$442,935
Price Range
$292,200 - $709,900
Rent to Price
0.6%
low ratio
Positive Cashflow
5%
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 4.3%, 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 20+ analyzed properties, the median monthly cashflow in Shelby Township, MI is -$699 with average rents of $2,679/month. Properties range from $292,200 to $709,900, offering entry points across multiple investment budgets.
53214 Bancroft Dr, Shelby Township, MI 48316
Price
$488,100
Rent
$3,167
CachFlow
-$804
CoC
-9.41
53908 Lawson Creek Dr, Shelby Township, MI 48316
Price
$709,900
Rent
$3,259
CachFlow
-$2,275
CoC
-18.31
Shelby Township, MI Rental Market Insights
- •Median cashflow is -$699/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Shelby Township, MI requires selective property picks
- •Premium market with properties from $292,200 to $709,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs