169 N Glenhurst 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 169 N Glenhurst Dr, Bloomfield Hills, MI, 48301 priced at $1,450,000 converts $5,305/mo rent into after a $7,097/mo obligation. Total monthly income equals $5,305/mo. Return on cash invested prints 9.5% in year one, and rental yield reads 4.39% against a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation compiles into $400,608 by year five. Five-year ROI reaches 47.45% and total cumulative return in cash sums $222,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,305/mo property income covering a $7,097/mo payment, not borrower’s personal income.
Single Family
Built in 1951
9,147 sqft lot
$N/A/sqft
No 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: Lora Kazanjian • Max Broock, REALTORS-Birmingham
Mls Name: Realcomp II
Mls ID: #20261004129