5994 Glen Eagles 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 5994 Glen Eagles Dr, West Bloomfield, MI, 48323 uses $180,621 cash to close to unlock $6,452/yr annual cash flow and $538/mo monthly cash flow. Total monthly income runs $4,158/mo, and a $2,687/mo payment keeps the spread at $538/mo. Purchase price stands at $549,000, and rental yield measures 9.09% with $4,158/mo rent. Return on cash invested shows 23.63% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 123.31% and total cumulative return in cash records $222,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,158/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.37 Acres 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: Gabriella Y Istanbouly • Keller Williams Home
Mls Name: Realcomp II
Mls ID: #20251045810