130 Endicott RdBloomfield HillsMI48304
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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
Rental property for sale in Bloomfield Hills at 130 Endicott Rd, Bloomfield Hills, MI, 48304 priced at $1,345,000 converts $4,730/mo rent into after a $6,583/mo obligation. Total monthly income equals $4,730/mo. Return on cash invested prints 8.97% in year one, and rental yield reads 4.22% against a $1,345,000 entry. Equity gained on principal adds $8,679/yr, while 5% annual appreciation compiles into $371,599 by year five. Five-year ROI reaches 44.64% and total cumulative return in cash sums $194,516. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,730/mo property income covering a $6,583/mo payment, not borrower’s personal income.
Single Family
Built in 1956
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48304, Bloomfield Hills, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,413 (100%) |
| Owner Occupied HU | 6,231 (84.1%) |
| Renter Occupied HU | 716 ( 9.7%) |
| Vacant Housing Units | 466 ( 6.3%) |
| Median Home Value | $542,792 |
| Average Home Value | $707,910 |
Housing Distribution
Address Breakdown
Residential
7,083
Single Family
6,999
Multi-Family
84
Businesses
463
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Listed by: Michael A Sbrocca • Max Broock, REALTORS-Birmingham
Mls Name: Realcomp II
Mls ID: #20251022299