2171 Kemp RdBloomfield HillsMI48302
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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 Bloomfield Hills at 2171 Kemp Rd, Bloomfield Hills, MI, 48302 earns $723/mo cash flow from $3,691/mo rent with a $2,203/mo payment. Total monthly income totals $3,691/mo, and annual cash flow totals $8,676/yr on $149,175 capital. ROI tracks 25.72% on current figures, and rental yield reads 9.84% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 134.55% and total cumulative return in cash sums $200,718. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,691/mo property income instead of your personal income.
Single Family
Built in 1988
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48302, Bloomfield Hills, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,444 (100%) |
| Owner Occupied HU | 5,900 (79.3%) |
| Renter Occupied HU | 1,060 (14.2%) |
| Vacant Housing Units | 484 ( 6.5%) |
| Median Home Value | $647,789 |
| Average Home Value | $792,258 |
Housing Distribution
Address Breakdown
Residential
6,942
Single Family
6,794
Multi-Family
148
Businesses
766
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Listed by: Christine Winans • Berkshire Hathaway HomeServices Kee Realty Bham
Mls Name: Realcomp II
Mls ID: #20261000445