249 Warrington RdBloomfield HillsMI48304
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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 249 Warrington Rd, Bloomfield Hills, MI, 48304 at $889,000 posts ROI 13.79% with from $4,333/mo rent. Total monthly income equals $4,333/mo. Return on cash invested measures 13.79% and rental yield reads 5.85% at the current $889,000. Equity gained on principal adds $5,737/yr, and 5% annual appreciation supports $245,614 by year five. Five-year ROI prints 70.51% and total cumulative return in cash totals $206,222. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,333/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48304, Bloomfield Hills, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,413 (100%) |
| Owner Occupied HU | 6,231 (84.1%) |
| Renter Occupied HU | 716 ( 9.7%) |
| Vacant Housing Units | 466 ( 6.3%) |
| Median Home Value | $542,792 |
| Average Home Value | $707,910 |
Housing Distribution
Address Breakdown
Residential
7,083
Single Family
6,999
Multi-Family
84
Businesses
463
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Listed by: Katherine E Broock • Max Broock, REALTORS-Birmingham
Mls Name: Realcomp II
Mls ID: #20251030749