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 15+ datapoints.
Shelby Township, MI Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-10.8%
Median Cashflow
-$658/mo
Avg Rent Estimate
$2,752/mo
Avg Price
$490,037
Price Range
$324,000 - $696,500
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 4.3%, 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 15+ analyzed properties, the median monthly cashflow in Shelby Township, MI is -$658 with average rents of $2,752/month. Properties range from $324,000 to $696,500, offering entry points across multiple investment budgets.
6042 Ravenswood Dr, Shelby Township, MI 48316
Price
$385,900
Rent
$2,366
CachFlow
-$658
CoC
-9.74
46161 S Manitou Ct, Shelby Township, MI 48317
Price
$600,900
Rent
$2,665
CachFlow
-$1,726
CoC
-16.41
5191 Saint Richard Dr, Shelby Township, MI 48316
Price
$406,800
Rent
$2,425
CachFlow
-$670
CoC
-9.41
54311 Lawson Creek Dr, Shelby Township, MI 48316
Price
$696,500
Rent
$3,296
CachFlow
-$2,185
CoC
-17.93
13825 Woodsett Ct, Shelby Township, MI 48315
Price
$526,900
Rent
$3,771
CachFlow
-$624
CoC
-6.77
Shelby Township, MI Rental Market Insights
- •Median cashflow is -$658/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