4194 Prescott Park CirWest BloomfieldMI48323
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.56% gross rental yield, 4194 Prescott Park Cir, West Bloomfield, MI, 48323 in West Bloomfield is priced for capital growth, not immediate cash flow. The $1,519,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $419,672 by year five, with $13,990/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.47) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $130,088.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 6.5% |
| Monthly Cash Flow | $(6,985) | $450 |
City averages based on West Bloomfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,240 |
| Total Monthly Debt Service | $9,621 |
| DSCR Ratio | 0.34x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$2,500 annually 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
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
Single Family
Built in 2024
N/A lot
$N/A/sqft
$2,500 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol Gitlin • Kensington Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #24040146
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.