4841 Leesburg 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
Investment property for sale in West Bloomfield at 4841 Leesburg Dr, West Bloomfield, MI, 48323 listed at $619,000 pairs $4,826/mo rent with a $3,030/mo payment to leave $744/mo cash flow. Total monthly income runs $4,826/mo, and annual cash flow reaches $8,924/yr on $203,651 cash to close. Return on cash invested measures 24.44% in year one, and rental yield registers 9.36% at a $619,000 basis. Equity gained on principal adds $3,994/yr, and annual property appreciation at 5% supports $171,018 by year five. Five-year ROI tracks 127.66% and total cumulative return in cash totals $259,981. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,826/mo property income relative to a $3,030/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.62 Acres lot
$N/A/sqft
No 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: Alfred O Chiu • WEICHERT, REALTORS - Grant Hamady
Mls Name: MiRealSource
Mls ID: #50189381