2564 Lamplighter Ln, Bloomfield Hills, MI, 48304 | $1,676/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bloomfield Hills at 2564 Lamplighter Ln, Bloomfield Hills, MI, 48304 with 5% annual appreciation on a $489,900 basis while $4,907/mo rent supports operations. Total monthly income totals $4,907/mo and a $2,398/mo payment preserves $1,676/mo for cash returns. Annual cash flow comes to $20,114/yr on $162,402 deployed, and return on cash invested reaches 32.29% in year one. Equity gained on principal adds $3,161/yr, and five-year appreciation sums $135,350 alongside rental yield of 12.02%. Five-year ROI measures 169.81% and total cumulative return in cash totals $275,777.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,907/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1961

0.46 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