4779 Walnut Lake 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 4779 Walnut Lake Rd, Bloomfield Hills, MI, 48301 priced at $735,600 pairs $3,296/mo rent with after a $3,600/mo payment. Total monthly income equals $3,296/mo. Return on cash invested is 12.35% in year one, and rental yield stands at 5.38% on a $735,600 basis. Equity gained on principal adds $4,747/yr, and 5% annual appreciation accumulates to $203,233 by year five. Five-year ROI measures 62.82% and total cumulative return in cash reaches $152,037. For financing, Ziffy Mortgage’s DSCR program evaluates $3,296/mo property income against a $3,600/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
1.39 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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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A