7421 Heather HeathWest 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 7421 Heather Heath, West Bloomfield, MI, 48322 earns $909/mo cash flow from $3,598/mo rent with a $1,810/mo payment. Total monthly income totals $3,598/mo, and annual cash flow totals $10,910/yr on $122,622 capital. ROI tracks 28.81% on current figures, and rental yield reads 11.67% at a $369,900 purchase. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,197 over five years. Five-year ROI reaches 152% and total cumulative return in cash sums $186,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,598/mo property income instead of your personal income.
Single Family
Built in 1962
0.31 Acres lot
$N/A/sqft
$250 monthly 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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