3895 Lone Pine Rd APT 302West 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 3895 Lone Pine Rd APT 302, West Bloomfield, MI, 48323 uses $71,273 cash to close to unlock $16,950/yr annual cash flow and $1,413/mo monthly cash flow. Total monthly income runs $3,130/mo, and a $1,052/mo payment keeps the spread at $1,413/mo. Purchase price stands at $215,000, and rental yield measures 17.47% with $3,130/mo rent. Return on cash invested shows 43.69% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 232.77% and total cumulative return in cash records $165,901. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,130/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1977
9.69 Acres lot
$N/A/sqft
$300 monthly 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: Erica Kohler • @propertiesChristie's Int'l RE
Mls Name: MichRIC
Mls Provider:
Mls ID: #24045219
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








