5494 Putnam 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 5494 Putnam Dr, West Bloomfield, MI, 48323 earns from $4,212/mo rent with a $9,177/mo payment. Total monthly income totals $4,212/mo. ROI tracks 4.27% on current figures, and rental yield reads 2.7% at a $1,875,000 purchase. Equity gained on principal adds $12,099/yr, and 5% annual appreciation supports $518,028 over five years. Five-year ROI reaches 19.4% and total cumulative return in cash sums $117,866. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,212/mo property income instead of your personal income.
Single Family
Built in 1977
6,969 sqft 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: Michael George II • George Realty LLC
Mls Name: Realcomp II
Mls ID: #20251027993