1265 Water Cliff DrBloomfield HillsMI48302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Bloomfield Hills at 1265 Water Cliff Dr, Bloomfield Hills, MI, 48302 priced at $1,599,000 pairs $8,132/mo rent with after a $7,826/mo payment. Total monthly income equals $8,132/mo. Return on cash invested is 14.64% in year one, and rental yield stands at 6.1% on a $1,599,000 basis. Equity gained on principal adds $10,318/yr, and 5% annual appreciation accumulates to $441,774 by year five. Five-year ROI measures 75.08% and total cumulative return in cash reaches $388,957. For financing, Ziffy Mortgage’s DSCR program evaluates $8,132/mo property income against a $7,826/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.97 Acres lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48302, Bloomfield Hills, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,444 (100%) |
| Owner Occupied HU | 5,900 (79.3%) |
| Renter Occupied HU | 1,060 (14.2%) |
| Vacant Housing Units | 484 ( 6.5%) |
| Median Home Value | $647,789 |
| Average Home Value | $792,258 |
Housing Distribution
Address Breakdown
Residential
6,942
Single Family
6,794
Multi-Family
148
Businesses
766
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Listed by: Heather Zhou • Crown Properties International
Mls Name: MichRIC
Mls Provider:
Mls ID: #25008736
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.