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
3.6%
Avg Cash on Cash
-14.3%
Median Cashflow
-$1,554/mo
Avg Rent Estimate
$3,090/mo
Avg Price
$626,263
Price Range
$478,900 - $850,000
Rent to Price
0.49%
low ratio
Positive Cashflow
0%
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 3.6%, 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 -$1,554 with average rents of $3,090/month. Properties range from $478,900 to $850,000, offering entry points across multiple investment budgets.
95 Hillsdale Rd, Bloomfield Hills, MI 48302
Price
$534,900
Rent
$2,984
CachFlow
-$1,231
CoC
-13.15
1050 Top View Rd, Bloomfield Hills, MI 48304
Price
$633,800
Rent
$3,387
CachFlow
-$1,611
CoC
-14.52
791 Robinhood Cir, Bloomfield Hills, MI 48304
Price
$483,600
Rent
$3,269
CachFlow
-$670
CoC
-7.92
4899 Wye Oak Rd, Bloomfield Hills, MI 48301
Price
$519,200
Rent
$3,492
CachFlow
-$864
CoC
-9.51
Bloomfield Hills, MI Rental Market Insights
- •Median cashflow is -$1,554/month — careful deal selection is essential here
- •3.6% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Bloomfield Hills, MI requires selective property picks
- •Premium market with properties from $478,900 to $850,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs