3142 Bloomfield Shore DrWest BloomfieldMI48323
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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 West Bloomfield at 3142 Bloomfield Shore Dr, West Bloomfield, MI, 48323 listed at $675,000 pairs $4,763/mo rent with a $3,304/mo payment to leave $312/mo cash flow. Total monthly income runs $4,763/mo, and annual cash flow reaches $3,738/yr on $222,075 cash to close. Return on cash invested measures 21.74% in year one, and rental yield registers 8.47% at a $675,000 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,490 by year five. Five-year ROI tracks 113.19% and total cumulative return in cash totals $251,367. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,763/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48323, West Bloomfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,998 (100%) |
| Owner Occupied HU | 6,318 (90.3%) |
| Renter Occupied HU | 387 ( 5.5%) |
| Vacant Housing Units | 293 ( 4.2%) |
| Median Home Value | $519,922 |
| Average Home Value | $610,475 |
Housing Distribution
Address Breakdown
Residential
6,947
Single Family
6,794
Multi-Family
153
Businesses
196
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Listed by: Linda Singer • Max Broock Realtors
Mls Name: Realcomp II
Mls ID: #20251040377