7003 Franklin RdBloomfield TownshipMI48301
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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 Bloomfield Township at 7003 Franklin Rd, Bloomfield Township, MI, 48301 projects strong ROI of 0.41%. Rental yield 1.92%. With 5% annual appreciation, the property builds $778,766 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2025
0.54 Acres lot
$N/A/sqft
$1,100 monthly 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
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Listed by: Stephanie Beer • Signature Edition Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25027702
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.