2932 Squirrel 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 2932 Squirrel Rd, Bloomfield Hills, MI, 48304 with 5% annual appreciation on a $759,000 basis while $8,848/mo rent supports operations. Total monthly income totals $8,848/mo and a $3,715/mo payment preserves $3,843/mo for cash returns. Annual cash flow comes to $46,112/yr on $249,711 deployed, and return on cash invested reaches 38.53% in year one. Equity gained on principal adds $4,898/yr, and five-year appreciation sums $209,698 alongside rental yield of 13.99%. Five-year ROI measures 203.18% and total cumulative return in cash totals $507,359.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,848/mo property income versus a $3,715/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
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 |
Housing Distribution
Address Breakdown
Residential
7,083
Single Family
6,999
Multi-Family
84
Businesses
463
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Listed by: Erica Kohler • @propertiesChristie's Int'l RE
Mls Name: MichRIC
Mls Provider:
Mls ID: #24052347
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








