431 N Cranbrook RdBloomfield HillsMI48301
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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
Rental property for sale in Bloomfield Hills at 431 N Cranbrook Rd, Bloomfield Hills, MI, 48301 offers $5,101/mo rent that, after a $7,219/mo payment. Total monthly income is $5,101/mo. Return on cash invested measures 8.76% in year one, and rental yield stands at 4.15% at a $1,475,000 entry. Equity gained on principal adds $9,518/yr while 5% annual appreciation compounds into $407,515 by year five. Five-year ROI records 43.48% and total cumulative return in cash reaches $207,790. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,101/mo property income versus a $7,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.45 Acres lot
$N/A/sqft
No 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: Michal Polasek • Good Company Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25035939
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.