Is Bloomfield Hills, MI a good place to invest in rental property?

Bloomfield Hills, MI has a median modeled monthly cash flow of $-6,043 and a median cap rate of 0.8%, on a median sold price of $985,000. Prices changed -8.9% year over year.

What is the average cap rate in Bloomfield Hills, MI?

The median cap rate across recently sold homes in Bloomfield Hills, MI is 0.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bloomfield Hills, MI?

The median sold price in Bloomfield Hills, MI is $985,000 (about $225 per square foot).

Investing in Bloomfield Hills, MI Real Estate

A data-driven snapshot of the Bloomfield Hills, MI rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$985,000Median sold price

$225Median $/sqft

0.8%Median cap rate

$-6,043Modeled cash flow / mo

-8.9%Appreciation YoY

15.3Months of supply

75Active listings

59Sold (last 12 mo)

What the Bloomfield Hills numbers say

In Bloomfield Hills, MI, the median home sold for $985,000 (about $225 per square foot), and the typical deal models out to a 0.8% cap rate with a median $-6,043 of monthly cash flow. Sold prices moved -8.9% over the past year. Inventory sits at about 15.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Michigan markets to compare

See Bloomfield Hills cash-flowing listings

CashFlowRE ranks every for-sale home in Bloomfield Hills, MI by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Bloomfield Hills deals, or browse the national market data.