7156 Sturnbridge #90West 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 7156 Sturnbridge #90, West Bloomfield, MI, 48322 offers a 11.46% rental yield on a $325,000 purchase with $3,104/mo rent. Total monthly income registers $3,104/mo, and a $1,591/mo payment leaves $961/mo available for distribution. Annual cash flow reaches $11,526/yr on $107,738 to close, and return on cash invested stands at 30.61% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 160.76% and total cumulative return in cash at $173,197. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,104/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
49.83 Acres 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: Victoria Gibson • National Realty Centers Northv
Mls Name: MichRIC
Mls ID: #25053850