4408 Knightsbridge LnWest 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 4408 Knightsbridge Ln, West Bloomfield, MI, 48323 uses $106,047 cash to close to unlock $2,042/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $1,566/mo payment keeps the spread at $170/mo. Purchase price stands at $319,900, and rental yield measures 8.55% with $2,280/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 113.73% and total cumulative return in cash records $120,608. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No 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: Rachelle Cherkasov • Forward, REALTORS
Mls Name: Realcomp II
Mls ID: #20251028281