1811 Henbert RdWest 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 1811 Henbert Rd, West Bloomfield, MI, 48324 uses $125,970 cash to close to unlock $1,428/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $2,625/mo, and a $1,860/mo payment keeps the spread at $119/mo. Purchase price stands at $380,000, and rental yield measures 8.29% with $2,625/mo rent. Return on cash invested shows 21.04% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 109.44% and total cumulative return in cash records $137,857. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,625/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.30 Acres 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: Weesam Toumas • 365 REALTY
Mls Name: Realcomp II
Mls ID: #20251017095