2110 Langham DrWest BloomfieldMI48323
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 2110 Langham Dr, West Bloomfield, MI, 48323 at $475,000 posts ROI 30.78% with $1,427/mo cash flow from $4,584/mo rent. Total monthly income equals $4,584/mo, and annual cash flow records $17,118/yr on $157,463 to close. Return on cash invested measures 30.78% and rental yield reads 11.58% at the current $475,000. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 by year five. Five-year ROI prints 161.73% and total cumulative return in cash totals $254,671.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,584/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
10,454 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48323, West Bloomfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,998 (100%) |
| Owner Occupied HU | 6,318 (90.3%) |
| Renter Occupied HU | 387 ( 5.5%) |
| Vacant Housing Units | 293 ( 4.2%) |
| Median Home Value | $519,922 |
| Average Home Value | $610,475 |
Housing Distribution
Address Breakdown
Residential
6,947
Single Family
6,794
Multi-Family
153
Businesses
196
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Nearby investment properties with comparable prices
Listed by: Besa Krosi • Keller Williams Realty Lakeside
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50171560
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