7315 W Bridge Way Rd #96West 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 7315 W Bridge Way Rd #96, West Bloomfield, MI, 48322 listed at $410,000 pairs $3,104/mo rent with a $2,007/mo payment to leave $400/mo cash flow. Total monthly income runs $3,104/mo, and annual cash flow reaches $4,800/yr on $135,915 cash to close. Return on cash invested measures 23.44% in year one, and rental yield registers 9.08% at a $410,000 basis. Equity gained on principal adds $2,646/yr, and annual property appreciation at 5% supports $113,275 by year five. Five-year ROI tracks 122.3% and total cumulative return in cash totals $166,223. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,104/mo property income relative to a $2,007/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1976
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: Yvette Wright • Anthony Djon Luxury Real Estate
Mls Name: Realcomp II
Mls ID: #20251061750