1883 Poppleton DrWest BloomfieldMI48324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1883 Poppleton Dr, West Bloomfield, MI, 48324 earns $955/mo cash flow from $3,780/mo rent with a $2,097/mo payment. Total monthly income totals $3,780/mo, and annual cash flow totals $11,457/yr on $142,015 capital. ROI tracks 27.98% on current figures, and rental yield reads 10.59% at a $428,400 purchase. Equity gained on principal adds $2,764/yr, and 5% annual appreciation supports $118,359 over five years. Five-year ROI reaches 146.63% and total cumulative return in cash sums $208,240. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,780/mo property income instead of your personal income.
Single Family
Built in 1987
10,454 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Olivia Rosenbergh • Clubhouse Realty LLC
Mls Name: Realcomp II
Mls ID: #20251039110