4154 Nearbrook RdBloomfield HillsMI48302
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
Investment property for sale in Bloomfield Hills at 4154 Nearbrook Rd, Bloomfield Hills, MI, 48302 offers a 9.13% rental yield on a $819,500 purchase with $6,233/mo rent. Total monthly income registers $6,233/mo, and a $4,011/mo payment leaves $829/mo available for distribution. Annual cash flow reaches $9,946/yr on $269,616 to close, and return on cash invested stands at 23.75% in year one. Equity gained on principal adds $5,288/yr while 5% annual appreciation supports $226,413 over five years. Portfolio math shows five-year ROI at 123.94% and total cumulative return in cash at $334,150. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,233/mo property income against a $4,011/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48302, Bloomfield Hills, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,444 (100%) |
| Owner Occupied HU | 5,900 (79.3%) |
| Renter Occupied HU | 1,060 (14.2%) |
| Vacant Housing Units | 484 ( 6.5%) |
| Median Home Value | $647,789 |
| Average Home Value | $792,258 |
Housing Distribution
Address Breakdown
Residential
6,942
Single Family
6,794
Multi-Family
148
Businesses
766
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nanci J Rands • The Agency Hall & Hunter
Mls Name: Realcomp II
Mls ID: #20251047450