5822 Raven RdBloomfield HillsMI48301
INVESTMENT ANALYSIS
Investment Verdict
Solid Income5822 Raven Rd, Bloomfield Hills, MI, 48301 in Bloomfield Hills is a solid income-producing rental, 8.77% gross yield, $5,033/mo rent, $475/mo net cash flow on a $689,000 buy. DSCR 1.62 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $190,358 and $6,346/yr in principal reduction project a total cumulative return of $293,966.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.0% |
| Monthly Cash Flow | $475 | $800 |
City averages based on Bloomfield Hills market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,033 |
| Total Monthly Debt Service | $4,269 |
| DSCR Ratio | 1.18x |
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 1964
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48301, Bloomfield Hills, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,859 (100%) |
| Owner Occupied HU | 5,084 (86.8%) |
| Renter Occupied HU | 537 ( 9.2%) |
| Vacant Housing Units | 238 ( 4.1%) |
| Median Home Value | $665,460 |
| Average Home Value | $781,730 |
Housing Distribution
Address Breakdown
Residential
5,718
Single Family
5,182
Multi-Family
536
Businesses
265
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 1964
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48301, Bloomfield Hills, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,859 (100%) |
| Owner Occupied HU | 5,084 (86.8%) |
| Renter Occupied HU | 537 ( 9.2%) |
| Vacant Housing Units | 238 ( 4.1%) |
| Median Home Value | $665,460 |
| Average Home Value | $781,730 |
Housing Distribution
Address Breakdown
Residential
5,718
Single Family
5,182
Multi-Family
536
Businesses
265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Realcomp II
Mls ID: #20261020169