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 20+ datapoints.
West Bloomfield, MI Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.7%
Avg Cash on Cash
-9.1%
Median Cashflow
-$656/mo
Avg Rent Estimate
$3,052/mo
Avg Price
$430,658
Price Range
$249,000 - $549,900
Rent to Price
0.71%
low ratio
Positive Cashflow
11%
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 4.7%, 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 20+ analyzed properties, the median monthly cashflow in West Bloomfield, MI is -$656 with average rents of $3,052/month. Properties range from $249,000 to $549,900, offering entry points across multiple investment budgets.
2700 Middlebelt Rd, West Bloomfield, MI 48324
Price
$360,500
Rent
$1,978
CachFlow
-$1,137
CoC
-18.02
7000 Pebblecreek Rd, West Bloomfield, MI 48322
Price
$381,100
Rent
$2,789
CachFlow
-$290
CoC
-4.35
2348 Pine Lake Rd, West Bloomfield, MI 48324
Price
$474,800
Rent
$2,284
CachFlow
-$1,125
CoC
-13.54
West Bloomfield, MI Rental Market Insights
- •Median cashflow is -$656/month — careful deal selection is essential here
- •4.7% median cap rate is typical of appreciation-focused markets
- •At 11% positive cashflow rate, West Bloomfield, MI requires selective property picks
- •Mid-to-upper tier market with properties from $249,000 to $549,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs