Bloomfield Hills, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Bloomfield Hills, MI. Based on 10+ datapoints.
Bloomfield Hills, MI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-11.5%
Median Cashflow
-$842/mo
Avg Rent Estimate
$3,381/mo
Avg Price
$544,756
Price Range
$375,000 - $806,400
Rent to Price
0.62%
low ratio
Positive Cashflow
22%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Bloomfield Hills, MI
Bloomfield Hills, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.8%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Bloomfield Hills, MI is -$842 with average rents of $3,381/month. Properties range from $375,000 to $806,400, offering entry points across multiple investment budgets.
4190 Valley Forge Rd, Bloomfield Hills, MI 48301
Price
$783,400
Rent
$2,688
CachFlow
-$3,112
CoC
-22.7
6340 Franklin Rd, Bloomfield Hills, MI 48301
Price
$516,600
Rent
$3,171
CachFlow
-$1,241
CoC
-13.73
4845 Bryn Mawr Dr, Bloomfield Hills, MI 48301
Price
$806,400
Rent
$3,511
CachFlow
-$2,694
CoC
-19.09
6998 Meadowlake Rd, Bloomfield Hills, MI 48301
Price
$581,100
Rent
$2,702
CachFlow
-$1,792
CoC
-17.62
674 Rudgate Rd, Bloomfield Hills, MI 48304
Price
$1,599,000
Rent
$4,978
CachFlow
-$6,435
CoC
-23
Bloomfield Hills, MI Rental Market Insights
- •Median cashflow is -$842/month — careful deal selection is essential here
- •3.8% median cap rate is typical of appreciation-focused markets
- •At 22% positive cashflow rate, Bloomfield Hills, MI requires selective property picks
- •Premium market with properties from $375,000 to $806,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs