5699 Applegrove Dr, West Bloomfield, MI, 48324 | 7.77% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,881/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 7.77% with $3,881/mo rent. Return on cash invested shows 19.64% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 101.9% and total cumulative return in cash records $200,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,881/mo property income covering a $2,932/mo payment rather than investor’s personal income.

Single Family

Built in 1995

0.25 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48324, West Bloomfield, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,849 (100%)
Owner Occupied HU	6,146 (89.7%)
Renter Occupied HU	443 ( 6.5%)
Vacant Housing Units	260 ( 3.8%)
Median Home Value	$446,353
Average Home Value	$604,847