50214 Ambleside Ct · Shelby, MI 48315

$105,000

3 bd · 2.0 ba · 1,756 sqft · Other · 70 Days on market

Built 2016 $60/sqft · 93% below area

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover the perfect blend of comfort and style in this meticulously maintained three-bedroom, two-bathroom manufactured home located in the vibrant community of Shelby Forest. This inviting residence features newer flooring and fresh paint throughout, creating a warm and welcoming atmosphere. The spacious open layout allows for a seamless flow from the living room to the dining room and into the open kitchen, making it ideal for entertaining and family gatherings. The kitchen boasts ample cabinetry, an island for additional prep space, and modern appliances, including a fridge, stove, and dishwasher, along with a pantry for extra storage. The primary bedroom offers a walk-in closet and an en-suite bathroom equipped with double sinks, a shower with a glass door, and a relaxing soaking tub. Benefit from a central air unit that's only a few years old, ensuring comfort year-round. For those interested, select furniture can also be included at an additional price, providing an opportunity to move in hassle-free. Beyond your doorstep, embrace the vibrant lifestyle that Shelby Forest has to offer. Connect with neighbors at the spacious clubhouse, the heart of community events and activities, and stay active with access to a 24-hour fitness center. You can also relax and unwind in the sparkling outdoor swimming pool on warm summer days, making the most of the beautiful weather. Experience the benefits of life in Shelby Forest, where community and comfort come together.

Key facts

• Newer flooring
• Fresh paint
• Ample cabinetry

Tags

• NEWER FLOORING
• FRESH PAINT
• OPEN LAYOUT
• AMPLE CABINETRY
• ISLAND FOR PREP SPACE
• MODERN APPLIANCES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $105k.

Deal economics

• At list price, monthly cash flow is $771 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $99k (6.0% below list) — sets the bar for market timing.
• Cap rate 15.1% vs local median 3.2% in Shelby — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 70/100 on livability (#324 in MI) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, schools F, amenities F.
• Utica Community Schools (suburban): math 38% / reading 53% proficiency, ranked #126 of 540 in MI (top 23%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 230 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $726 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $29k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 70 days — a 6% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $98,700 (6.0% below list)

Questions for the listing agent

1. It's been on market 70 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.80% ✓
• Cap rate: 15.11%
• Cash-on-cash: 31.48%
• DSCR: 2.40
• GRM: 4.6

CMA / ARV

• ARV (median comp): $1,474,840
• List price: $105,000
• Delta: -92.88%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 26.4%
• Equity multiple: 2.09×
• Total profit: $32,137
• Equity at exit: $15,656

10-year hold

• IRR: 34.0%
• Equity multiple: 4.11×
• Total profit: $91,353
• Equity at exit: $9,078

Cash invested: $29,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48315

• Active inventory: 230
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $1,895 medium
• Mortgage (P&I): −$551
• Tax est. 1.5%: −$131 /mo · $1,575/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $771

Break-even live

Break-even rent $919

Max offer price $105,000

Occupancy floor 54%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13955 Bronte Dr N Shelby Township, MI	3.0	2.0	1380	$1,799	$1.30	10d	1	0.25mi
13670 Silver Birch Cir Shelby Township, MI	2.0	2.0	1500	$1,850	$1.23	44d	1	0.46mi
51401 Times Square Dr Shelby Township, MI	2.0–3.0	2.5–3.5	1400	$2,275	$1.62	15d	8	0.79mi

Listing history 4 events

1. 2026-06-01
   days on market $105,000 Active 70 DOM
2. 2026-05-31
   days on market $105,000 Active 69 DOM
3. 2026-03-23
   listed $105,000 Active 1486-char remark

   Show marketing remark (1486 chars)

   Discover the perfect blend of comfort and style in this meticulously maintained three-bedroom, two-bathroom manufactured home located in the vibrant community of Shelby Forest. This inviting residence features newer flooring and fresh paint throughout, creating a warm and welcoming atmosphere. The spacious open layout allows for a seamless flow from the living room to the dining room and into the open kitchen, making it ideal for entertaining and family gatherings. The kitchen boasts ample cabinetry, an island for additional prep space, and modern appliances, including a fridge, stove, and dishwasher, along with a pantry for extra storage. The primary bedroom offers a walk-in closet and an en-suite bathroom equipped with double sinks, a shower with a glass door, and a relaxing soaking tub. Benefit from a central air unit that's only a few years old, ensuring comfort year-round. For those interested, select furniture can also be included at an additional price, providing an opportunity to move in hassle-free. Beyond your doorstep, embrace the vibrant lifestyle that Shelby Forest has to offer. Connect with neighbors at the spacious clubhouse, the heart of community events and activities, and stay active with access to a 24-hour fitness center. You can also relax and unwind in the sparkling outdoor swimming pool on warm summer days, making the most of the beautiful weather. Experience the benefits of life in Shelby Forest, where community and comfort come together.

4. 2026-03-23
   listed $105,000 Active 1486-char remark

   Show marketing remark (1486 chars)

   Discover the perfect blend of comfort and style in this meticulously maintained three-bedroom, two-bathroom manufactured home located in the vibrant community of Shelby Forest. This inviting residence features newer flooring and fresh paint throughout, creating a warm and welcoming atmosphere. The spacious open layout allows for a seamless flow from the living room to the dining room and into the open kitchen, making it ideal for entertaining and family gatherings. The kitchen boasts ample cabinetry, an island for additional prep space, and modern appliances, including a fridge, stove, and dishwasher, along with a pantry for extra storage. The primary bedroom offers a walk-in closet and an en-suite bathroom equipped with double sinks, a shower with a glass door, and a relaxing soaking tub. Benefit from a central air unit that's only a few years old, ensuring comfort year-round. For those interested, select furniture can also be included at an additional price, providing an opportunity to move in hassle-free. Beyond your doorstep, embrace the vibrant lifestyle that Shelby Forest has to offer. Connect with neighbors at the spacious clubhouse, the heart of community events and activities, and stay active with access to a 24-hour fitness center. You can also relax and unwind in the sparkling outdoor swimming pool on warm summer days, making the most of the beautiful weather. Experience the benefits of life in Shelby Forest, where community and comfort come together.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,738
• − Mortgage interest: −$5,882
• − Property taxes: −$1,575
• − Insurance: −$525
• − Repairs & maintenance: −$1,819
• − Management: −$1,819
• − Depreciation: −$3,055
• Taxable income: $8,064
• Est. tax owed @ 24.0%: −$1,935
• After-tax cash flow: $7,320/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Utica Community Schools
• NCES district ID: 2634470
• Math proficiency: 38% ▼ -13.00%
• Reading proficiency: 53% ▼ -7.00%
• Median HH income: $65,953
• Composite: 40.52/100
• National rank: #3709
• State rank: #126 of 540 in MI

Livability — Shelby

• Score: 70/100
• State rank: #324
• US rank: #7973

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment D+ Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 28,428

Population outlook (Macomb County) Hauer SSP2

• Today (2025): 925,296 people
• By 2030: 948,226 · +2.5%
• By 2040: 983,961 · +6.3%
• By 2050: 1,010,200 · +9.2%
• By 2075: 1,076,222 · +16.3%
• By 2100: 1,077,065 · +16.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Two or more races 4% Asian 4% Hispanic / Latino 3% Black 3%
• Common ancestry: Romanian 11% Lithuanian 4% Italian 2%
• Foreign-born: 14% · Canada, South Korea, China
• Languages at home: 81% English-only · Other Indo-European 9% Arabic 4% Spanish 2%

Political lean MEDSL · Macomb

• 2024 margin: R (+13.7) · D 42.2% · R 55.9% · Other 1.9%
• 2008→2024 swing: -22.3pp toward R · 2008: 8.6pp · 2024: -13.7pp
• All cycles: 2024: R+13.7 2020: R+8.1 2016: R+11.6 2012: D+4.0 2008: D+8.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -173.36%
• Current HPI: 194.9368
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+0.0% since first listed

2 events — show timeline

• 2026-03-23 Listed $105,000 REALCOMP
• 2026-03-23 Listed $105,000 MiRealSource-MiMLS