1367 W Long Lake RdBloomfield HillsMI48302
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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 1367 W Long Lake Rd, Bloomfield Hills, MI, 48302 with 5% annual appreciation on a $1,599,900 basis while $5,244/mo rent supports operations. 08% in year one. Equity gained on principal adds $10,324/yr, and five-year appreciation sums $442,023 alongside rental yield of 3.93%. Five-year ROI measures 39.89% and total cumulative return in cash totals $206,768. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,244/mo property income versus a $7,831/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
0.74 Acres lot
$N/A/sqft
No 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: Gjoni Sinishta • KW Domain
Mls Name: Realcomp II
Mls ID: #20251002244