695 Westchester WayBirminghamMI48009
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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 Birmingham at 695 Westchester Way, Birmingham, MI, 48009 with 5% annual appreciation on a $1,185,000 basis while $6,892/mo rent supports operations. 49% in year one. Equity gained on principal adds $7,647/yr, and five-year appreciation sums $327,394 alongside rental yield of 6.98%. Five-year ROI measures 90.3% and total cumulative return in cash totals $346,698. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,892/mo property income versus a $5,800/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48009, Birmingham, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,431 (100%) |
| Owner Occupied HU | 7,480 (71.7%) |
| Renter Occupied HU | 2,150 (20.6%) |
| Vacant Housing Units | 801 ( 7.7%) |
| Median Home Value | $710,938 |
| Average Home Value | $834,383 |
Housing Distribution
Address Breakdown
Residential
9,856
Single Family
8,145
Multi-Family
1,711
Businesses
1,293
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Listed by: Charlie Carpenter • Serbin Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25055868
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.