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
-9.4%
Median Cashflow
-$720/mo
Avg Rent Estimate
$2,709/mo
Avg Price
$429,875
Price Range
$292,200 - $629,900
Rent to Price
0.63%
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 mid-to-upper tier 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 -$720 with average rents of $2,709/month. Properties range from $292,200 to $629,900, offering entry points across multiple investment budgets.
6534 Donnybrook Dr, Shelby Township, MI 48316
Price
$419,100
Rent
$3,030
CachFlow
-$406
CoC
-5.54
6103 Thorneycroft Dr, Shelby Township, MI 48316
Price
$389,000
Rent
$2,385
CachFlow
-$699
CoC
-10.27
53214 Bancroft Dr, Shelby Township, MI 48316
Price
$488,100
Rent
$3,167
CachFlow
-$804
CoC
-9.41
Shelby Township, MI Rental Market Insights
- •Median cashflow is -$720/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
- •Mid-to-upper tier market with properties from $292,200 to $629,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs