692 Brockmoor Ln, Bloomfield Township, MI, 48304 | $1,826/mo Cash Flow

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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

Investment property for sale in Bloomfield Township at 692 Brockmoor Ln, Bloomfield Township, MI, 48304 uses $171,077 cash to close to unlock $21,912/yr annual cash flow and $1,826/mo monthly cash flow. Total monthly income runs $5,818/mo, and a $2,545/mo payment keeps the spread at $1,826/mo. Purchase price stands at $519,990, and rental yield measures 13.43% with $5,818/mo rent. Return on cash invested shows 32.87% in year one, and 5% annual appreciation builds toward $143,664 over five years. Five-year ROI reaches 174.3% and total cumulative return in cash records $298,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,818/mo property income covering a $2,545/mo payment rather than investor’s personal income.

Condo

Built in 1993

N/A lot

$N/A/sqft

$563 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48304, Bloomfield Hills, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,413 (100%)
Owner Occupied HU	6,231 (84.1%)
Renter Occupied HU	716 ( 9.7%)
Vacant Housing Units	466 ( 6.3%)
Median Home Value	$542,792
Average Home Value	$707,910