46245 Leedy Point RdBloomingdaleMI49026
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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 Bloomingdale at 46245 Leedy Point Rd, Bloomingdale, MI, 49026 generates $1,770/mo in rent, after a $2,203/mo payment. Total monthly income is $1,770/mo. Return on cash invested sits at 10.22% in year one, and rental yield is 4.72% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 51.44% and total cumulative return in cash sums $76,734. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,770/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
8,712 sqft lot
$N/A/sqft
$75 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49026, Bloomingdale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,139 (100%) |
| Owner Occupied HU | 682 (59.9%) |
| Renter Occupied HU | 129 (11.3%) |
| Vacant Housing Units | 328 (28.8%) |
| Median Home Value | $241,406 |
| Average Home Value | $306,650 |
Housing Distribution
Address Breakdown
Residential
809
Single Family
791
Multi-Family
18
Businesses
60
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Listed by: Kathleen L Virgil • @properties Christie's International R.E.
Mls Name: MichRIC
Mls Provider:
Mls ID: #25038634
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.