3422 Park Forest DrWest BloomfieldMI48324








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Nearby investment properties with comparable prices

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 3422 Park Forest Dr, West Bloomfield, MI, 48324 offers $4,354/mo rent that, after a $2,765/mo payment, leaves $629/mo cash flow. Total monthly income is $4,354/mo, and annual cash flow is $7,542/yr on $185,885 cash. Return on cash invested measures 24.12% in year one, and rental yield stands at 9.25% at a $565,000 entry. Equity gained on principal adds $3,646/yr while 5% annual appreciation compounds into $156,099 by year five. Five-year ROI records 125.91% and total cumulative return in cash reaches $234,051. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,354/mo property income versus a $2,765/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48324, West Bloomfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,849 (100%) |
| Owner Occupied HU | 6,146 (89.7%) |
| Renter Occupied HU | 443 ( 6.5%) |
| Vacant Housing Units | 260 ( 3.8%) |
| Median Home Value | $446,353 |
| Average Home Value | $604,847 |
Housing Distribution
Address Breakdown
Residential
6,618
Single Family
6,446
Multi-Family
172
Businesses
57
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Nearby investment properties with comparable prices



Listed by: Brittany Sayles • Keller Williams Ann Arbor
Mls Name: MichRIC
Mls Provider:
Mls ID: #25000374
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








