6621 Bellows CtWest BloomfieldMI48322
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
Investment Highlights
Investment property for sale in West Bloomfield at 6621 Bellows Ct, West Bloomfield, MI, 48322 listed at $260,000 pairs $2,566/mo rent with a $1,273/mo payment to leave $851/mo cash flow. Total monthly income runs $2,566/mo, and annual cash flow reaches $10,212/yr on $86,190 cash to close. Return on cash invested measures 31.76% in year one, and rental yield registers 11.84% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 166.91% and total cumulative return in cash totals $143,861. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,566/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48322, West Bloomfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,218 (100%) |
| Owner Occupied HU | 9,846 (69.3%) |
| Renter Occupied HU | 3,352 (23.6%) |
| Vacant Housing Units | 1,020 ( 7.2%) |
| Median Home Value | $418,856 |
| Average Home Value | $488,278 |
Housing Distribution
Address Breakdown
Residential
13,436
Single Family
12,407
Multi-Family
1,029
Businesses
804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Olena Drobot • Real Estate One-W Blmfld
Mls Name: Realcomp II
Mls ID: #20251036400