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
3.1%
Avg Cash on Cash
-12.8%
Median Cashflow
-$1,497/mo
Avg Rent Estimate
$3,559/mo
Avg Price
$657,461
Price Range
$375,000 - $1,400,000
Rent to Price
0.54%
low ratio
Positive Cashflow
15%
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 3.1%, 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 -$1,497 with average rents of $3,559/month. Properties range from $375,000 to $1,400,000, offering entry points across multiple investment budgets.
1808 Moors Ct, Bloomfield Hills, MI 48302
Price
$849,998
Rent
$5,267
CachFlow
-$1,497
CoC
-10.06
756 Great Oaks Dr, Bloomfield Hills, MI 48304
Price
$850,000
Rent
$3,631
CachFlow
-$2,522
CoC
-16.95
5671 Shadow Ln, Bloomfield Hills, MI 48302
Price
$1,400,000
Rent
$4,841
CachFlow
-$4,536
CoC
-18.51
4469 Chamberlain Dr, Bloomfield Hills, MI 48301
Price
$544,200
Rent
$2,281
CachFlow
-$1,717
CoC
-18.03
4190 Valley Forge Rd, Bloomfield Hills, MI 48301
Price
$783,400
Rent
$2,688
CachFlow
-$3,112
CoC
-22.7
Bloomfield Hills, MI Rental Market Insights
- •Median cashflow is -$1,497/month — careful deal selection is essential here
- •3.1% median cap rate is typical of appreciation-focused markets
- •At 15% positive cashflow rate, Bloomfield Hills, MI requires selective property picks
- •Premium market with properties from $375,000 to $1,400,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs