West Bloomfield, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in West Bloomfield, MI. Based on 15+ datapoints.
West Bloomfield, MI Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.4%
Avg Cash on Cash
-9.5%
Median Cashflow
-$663/mo
Avg Rent Estimate
$3,076/mo
Avg Price
$428,257
Price Range
$249,000 - $546,900
Rent to Price
0.72%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in West Bloomfield, MI
West Bloomfield, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.4%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 15+ analyzed properties, the median monthly cashflow in West Bloomfield, MI is -$663 with average rents of $3,076/month. Properties range from $249,000 to $546,900, offering entry points across multiple investment budgets.
5116 W Bloomfield Lake Rd, West Bloomfield, MI 48323
Price
$3,500,000
Rent
$5,819
CachFlow
-$16,242
CoC
-26.52
7096 Riverstone Rd, West Bloomfield, MI 48322
Price
$396,300
Rent
$2,995
CachFlow
-$457
CoC
-6.59
3642 Orchard Lake Rd, West Bloomfield, MI 48324
Price
$1,186,700
Rent
$3,729
CachFlow
-$5,081
CoC
-24.47
5324 Greenbriar Dr, West Bloomfield, MI 48323
Price
$531,400
Rent
$3,497
CachFlow
-$856
CoC
-9.2
West Bloomfield, MI Rental Market Insights
- •Median cashflow is -$663/month — careful deal selection is essential here
- •4.4% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, West Bloomfield, MI requires selective property picks
- •Mid-to-upper tier market with properties from $249,000 to $546,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs