165 Westbourne DrBloomfield 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
Rental property for sale in Bloomfield Hills at 165 Westbourne Dr, Bloomfield Hills, MI, 48301 priced at $599,888 converts $3,584/mo rent into after a $2,936/mo obligation. Total monthly income equals $3,584/mo. Return on cash invested prints 17.75% in year one, and rental yield reads 7.17% against a $599,888 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,738 by year five. Five-year ROI reaches 91.77% and total cumulative return in cash sums $181,129. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,584/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.36 Acres lot
$N/A/sqft
$100 annually 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: Jee Lee • HOA Professional Group, LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25003783
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.