5690 Glen Eagles DrWest BloomfieldMI48323
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 5690 Glen Eagles Dr, West Bloomfield, MI, 48323 in West Bloomfield speaks for itself: 10.08% gross on a $530,100 price, generating $4,453/mo in rent and $954/mo in net income after the $2,384/mo debt service. DSCR 1.87, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,453 stacks alongside $146,457 in projected five-year appreciation and $4,882/yr in principal reduction. Projected total cumulative return: $263,339.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.5% |
| Monthly Cash Flow | $954 | $450 |
City averages based on West Bloomfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,453 |
| Total Monthly Debt Service | $3,288 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
0.50 Acres lot
$N/A/sqft
$3 monthly 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
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
Single Family
Built in 1978
0.50 Acres lot
$N/A/sqft
$3 monthly 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A