4535 Kirkcaldy RdBloomfield HillsMI48304
Nearby investment properties with comparable rents
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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 4535 Kirkcaldy Rd, Bloomfield Hills, MI, 48304 generates $3,940/mo in rent, after a $3,177/mo payment. Total monthly income is $3,940/mo. Return on cash invested sits at 18.15% in year one, and rental yield is 7.29% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 93.9% and total cumulative return in cash sums $200,496. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,940/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48304, Bloomfield Hills, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,413 (100%) |
| Owner Occupied HU | 6,231 (84.1%) |
| Renter Occupied HU | 716 ( 9.7%) |
| Vacant Housing Units | 466 ( 6.3%) |
| Median Home Value | $542,792 |
| Average Home Value | $707,910 |
Housing Distribution
Address Breakdown
Residential
7,083
Single Family
6,999
Multi-Family
84
Businesses
463
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Nearby investment properties with comparable prices
Listed by: Patrick O'Neill • @properties Christie's Int'l
Mls Name: MichRIC
Mls Provider:
Mls ID: #25018920
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.