1630 Weymouth StWest BloomfieldMI48324
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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 West Bloomfield at 1630 Weymouth St, West Bloomfield, MI, 48324 offers a 10.17% rental yield on a $340,000 purchase with $2,881/mo rent. Total monthly income registers $2,881/mo, and a $1,664/mo payment leaves $639/mo available for distribution. Annual cash flow reaches $7,668/yr on $112,710 to close, and return on cash invested stands at 26.71% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 139.84% and total cumulative return in cash at $157,614. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,881/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48324, West Bloomfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,849 (100%) |
| Owner Occupied HU | 6,146 (89.7%) |
| Renter Occupied HU | 443 ( 6.5%) |
| Vacant Housing Units | 260 ( 3.8%) |
| Median Home Value | $446,353 |
| Average Home Value | $604,847 |
Housing Distribution
Address Breakdown
Residential
6,618
Single Family
6,446
Multi-Family
172
Businesses
57
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Listed by: Khalilah Durfield • Khalilah Durfield
Mls Name: MichRIC
Mls ID: #25058622