7296 Green Farm RdWest 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
Rental property for sale in West Bloomfield at 7296 Green Farm Rd, West Bloomfield, MI, 48322 generates $1,719/mo in rent and, after a $1,174/mo payment, leaves $137/mo in cash flow. Total monthly income is $1,719/mo, and annual cash flow is $1,646/yr on $79,527 invested. Return on cash invested sits at 21.98% in year one, and rental yield is 8.6% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 114.52% and total cumulative return in cash sums $91,075. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,719/mo property income rather than buyer’s personal income.
Townhouse
Built in 1988
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: Sloane Wolf • The Agency Hall & Hunter
Mls Name: Realcomp II
Mls ID: #20251057501