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
-8.5%
Median Cashflow
-$597/mo
Avg Rent Estimate
$2,959/mo
Avg Price
$423,389
Price Range
$264,900 - $550,000
Rent to Price
0.7%
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 4.7%, 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 -$597 with average rents of $2,959/month. Properties range from $264,900 to $550,000, offering entry points across multiple investment budgets.
3846 Spanish Oaks Dr, West Bloomfield, MI 48323
Price
$799,900
Rent
$4,600
CachFlow
-$1,557
CoC
-11.12
2642 Littletell Ave, West Bloomfield, MI 48324
Price
$292,300
Rent
$2,065
CachFlow
-$422
CoC
-8.25
7033 Pebblecreek Rd, West Bloomfield, MI 48322
Price
$403,500
Rent
$2,926
CachFlow
-$597
CoC
-8.45
West Bloomfield, MI Rental Market Insights
- •Median cashflow is -$597/month — careful deal selection is essential here
- •4.7% 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 $264,900 to $550,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs