3367 Lone Pine RdWest 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
Rental property for sale in West Bloomfield at 3367 Lone Pine Rd, West Bloomfield, MI, 48323 generates $6,684/mo in rent, after a $8,565/mo payment. Total monthly income is $6,684/mo. Return on cash invested sits at 10.09% in year one, and rental yield is 4.58% on a $1,750,000 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 50.64% and total cumulative return in cash sums $287,145. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,684/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
0.38 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: Hathal Taie • My Fair Realty
Mls Name: MichRIC
Mls ID: #25052160