2937 Turtle Pond CtBloomfield 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 2937 Turtle Pond Ct, Bloomfield Hills, MI, 48302 at $1,799,000 posts ROI 11.83% with from $7,715/mo rent. Total monthly income equals $7,715/mo. Return on cash invested measures 11.83% and rental yield reads 5.15% at the current $1,799,000. Equity gained on principal adds $11,609/yr, and 5% annual appreciation supports $497,031 by year five. Five-year ROI prints 59.96% and total cumulative return in cash totals $349,497. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,715/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
0.44 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: Nicholas Asplund • @properties Christie's Int'l RE Grosse Pointe
Mls Name: Realcomp II
Mls ID: #20251020159