7466 Gramercy Cir #20, West Bloomfield, MI, 48322 | 4.55% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,694/mo, and a $3,475/mo payment. Purchase price stands at $709,900, and rental yield measures 4.55% with $2,694/mo rent. Return on cash invested shows 7.79% in year one, and 5% annual appreciation builds toward $196,132 over five years. Five-year ROI reaches 39.12% and total cumulative return in cash records $91,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,694/mo property income covering a $3,475/mo payment rather than investor’s personal income.

Condo

Built in 2024

N/A lot

$N/A/sqft

$400 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