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
-10.4%
Median Cashflow
-$664/mo
Avg Rent Estimate
$2,788/mo
Avg Price
$483,246
Price Range
$324,000 - $696,500
Rent to Price
0.58%
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 4.3%, 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 -$664 with average rents of $2,788/month. Properties range from $324,000 to $696,500, offering entry points across multiple investment budgets.
5248 Brookside Dr, Shelby Township, MI 48316
Price
$451,400
Rent
$2,573
CachFlow
-$901
CoC
-11.41
56432 Cromwell Ct, Shelby Township, MI 48316
Price
$549,999
Rent
$2,881
CachFlow
-$1,272
CoC
-13.22
47351 Bobwhite Ln, Shelby Township, MI 48315
Price
$629,900
Rent
$3,085
CachFlow
-$1,555
CoC
-14.11
Shelby Township, MI Rental Market Insights
- •Median cashflow is -$664/month — careful deal selection is essential here
- •4.3% 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 $696,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs