1019 N Cranbrook RdBloomfield HillsMI48301
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Bloomfield Hills at 1019 N Cranbrook Rd, Bloomfield Hills, MI, 48301 earns from $3,667/mo rent with a $5,384/mo payment. Total monthly income totals $3,667/mo. ROI tracks 8.29% on current figures, and rental yield reads 4% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 40.99% and total cumulative return in cash sums $146,083. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,667/mo property income instead of your personal income.
Single Family
Built in 1949
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48301, Bloomfield Hills, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,859 (100%) |
| Owner Occupied HU | 5,084 (86.8%) |
| Renter Occupied HU | 537 ( 9.2%) |
| Vacant Housing Units | 238 ( 4.1%) |
| Median Home Value | $665,460 |
| Average Home Value | $781,730 |
Housing Distribution
Address Breakdown
Residential
5,718
Single Family
5,182
Multi-Family
536
Businesses
265
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Listed by: Erin O'Neill • The Agency Hall & Hunter
Mls Name: Realcomp II
Mls ID: #20251047213