4745 Wendrick DrWest 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
Rental property for sale in West Bloomfield at 4745 Wendrick Dr, West Bloomfield, MI, 48323 priced at $1,999,900 pairs $4,937/mo rent with after a $9,789/mo payment. Total monthly income equals $4,937/mo. Return on cash invested is 4.98% in year one, and rental yield stands at 2.96% on a $1,999,900 basis. Equity gained on principal adds $12,905/yr, and 5% annual appreciation accumulates to $552,536 by year five. Five-year ROI measures 23.27% and total cumulative return in cash reaches $150,768. For financing, Ziffy Mortgage’s DSCR program evaluates $4,937/mo property income against a $9,789/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.61 Acres lot
$N/A/sqft
$700 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
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Listed by: Rick D Nessel • National Realty Centers, Inc
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250027880
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-04-27 08:44:43 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702