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
4.5%
Avg Cash on Cash
-10.8%
Median Cashflow
-$696/mo
Avg Rent Estimate
$2,631/mo
Avg Price
$428,071
Price Range
$250K – $750K
approximate
Rent to Price
0.61%
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 4.5%, 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 -$696 with average rents of $2,631/month. Properties are priced about $250,000 to $750,000, offering entry points across multiple investment budgets.
55151 Hanford Ct, Shelby Township, MI 48316
Price
$560,500
Rent
$2,732
CachFlow
-$1,913
CoC
-19.5
53086 Shanelle Ln, Shelby Township, MI 48315
Price
$635,500
Rent
$3,162
CachFlow
-$1,725
CoC
-15.51
47683 Westlake Dr, Shelby Township, MI 48315
Price
$382,400
Rent
$2,694
CachFlow
-$693
CoC
-10.36
48540 Lindon Ct, Shelby Township, MI 48317
Price
$499,900
Rent
$3,024
CachFlow
-$1,079
CoC
-12.33
Shelby Township, MI Rental Market Insights
- Median cashflow is -$696/month — careful deal selection is essential here
- 4.5% 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 priced about $250,000 to $750,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs