4977 Briarwood CirWest BloomfieldMI48323
Nearby investment properties with comparable rents
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 West Bloomfield at 4977 Briarwood Cir, West Bloomfield, MI, 48323 earns $385/mo cash flow from $3,187/mo rent with a $2,080/mo payment. Total monthly income totals $3,187/mo, and annual cash flow totals $4,614/yr on $140,888 capital. ROI tracks 23.18% on current figures, and rental yield reads 9% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 120.94% and total cumulative return in cash sums $170,393. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,187/mo property income instead of your personal income.
Condo
Built in 1997
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey L Taylor • @properties Christie's Int'l R E Clarkston
Mls Name: Realcomp II
Mls ID: #20261000293