4047 W Maple Rd APT B203Bloomfield HillsMI48301








Nearby investment properties with comparable rents
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 Bloomfield Hills at 4047 W Maple Rd APT B203, Bloomfield Hills, MI, 48301 generates $3,250/mo in rent and, after a $942/mo payment, leaves $1,473/mo in cash flow. Total monthly income is $3,250/mo, and annual cash flow is $17,673/yr on $63,814 invested. Return on cash invested sits at 47.6% in year one, and rental yield is 20.26% on a $192,500 entry. Equity gained on principal adds $1,242/yr, while 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 255.34% and total cumulative return in cash sums $162,941. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,250/mo property income rather than buyer’s personal income.
Condo
Built in 1964
5.55 Acres lot
$N/A/sqft
$508 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48301, Bloomfield Hills, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,859 (100%) |
| Owner Occupied HU | 5,084 (86.8%) |
| Renter Occupied HU | 537 ( 9.2%) |
| Vacant Housing Units | 238 ( 4.1%) |
| Median Home Value | $665,460 |
| Average Home Value | $781,730 |
Housing Distribution
Address Breakdown
Residential
5,718
Single Family
5,182
Multi-Family
536
Businesses
265
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Nearby investment properties with comparable prices



Listed by: Nathan Boji • RE/MAX Classic
Mls Name: MichRIC
Mls Provider:
Mls ID: #24047146
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








