7134 Bridge WayWest BloomfieldMI48322
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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 7134 Bridge Way, West Bloomfield, MI, 48322 listed at $319,500 pairs $3,085/mo rent with a $1,564/mo payment to leave $978/mo cash flow. Total monthly income runs $3,085/mo, and annual cash flow reaches $11,734/yr on $105,914 cash to close. Return on cash invested measures 30.99% in year one, and rental yield registers 11.59% at a $319,500 basis. Equity gained on principal adds $2,062/yr, and annual property appreciation at 5% supports $88,272 by year five. Five-year ROI tracks 162.78% and total cumulative return in cash totals $172,406. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,085/mo property income relative to a $1,564/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
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
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Listed by: N/A • N/A
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Mls ID: #N/A