2769 Colonial Way, Bloomfield Hills, MI, 48304 | $1,568/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

Rental property for sale in Bloomfield Hills at 2769 Colonial Way, Bloomfield Hills, MI, 48304 priced at $382,500 converts $4,090/mo rent into $1,568/mo cash flow after a $1,872/mo obligation. Total monthly income equals $4,090/mo, and annual cash flow totals $18,813/yr on $126,799 invested. Return on cash invested prints 34.75% in year one, and rental yield reads 12.83% against a $382,500 entry. Equity gained on principal adds $2,468/yr, while 5% annual appreciation compiles into $105,678 by year five. Five-year ROI reaches 182.93% and total cumulative return in cash sums $231,954. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,090/mo property income covering a $1,872/mo payment, not borrower’s personal income.

Single Family

Built in 1955

0.39 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