4806 Walnut Lake RdBloomfield HillsMI48301
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Nearby investment properties with comparable prices
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 Bloomfield Hills at 4806 Walnut Lake Rd, Bloomfield Hills, MI, 48301 listed at $1,999,999 pairs $3,727/mo rent with a $9,789/mo payment. Total monthly income runs $3,727/mo. Return on cash invested measures 2.85% in year one, and rental yield registers 2.24% at a $1,999,999 basis. Equity gained on principal adds $12,906/yr, and annual property appreciation at 5% supports $552,563 by year five. Five-year ROI tracks 11.79% and total cumulative return in cash totals $76,399. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,727/mo property income relative to a $9,789/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
1.20 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: Tammy Jonna • DOBI Real Estate
Mls Name: Realcomp II
Mls ID: #20251031861