1015 Park Pl #1017,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 1015 Park Pl #1017, Kalamazoo, MI, 49001 listed at $209,900 pairs $1,892/mo rent with a $1,027/mo payment to leave $508/mo cash flow. Total monthly income runs $1,892/mo, and annual cash flow reaches $6,098/yr on $69,582 cash to close. Return on cash invested measures 28.67% in year one, and rental yield registers 10.82% at a $209,900 basis. Equity gained on principal adds $1,354/yr, and annual property appreciation at 5% supports $57,992 by year five. Five-year ROI tracks 150.43% and total cumulative return in cash totals $104,672. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,892/mo property income relative to a $1,027/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).