1018 Oak StKalamazooMI49008
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Kalamazoo at 1018 Oak St, Kalamazoo, MI, 49008 priced at $114,000 pairs $867/mo rent with $115/mo cash flow after a $558/mo payment. Total monthly income equals $867/mo, and annual cash flow comes to $1,382/yr on $37,791 invested. Return on cash invested is 23.57% in year one, and rental yield stands at 9.13% on a $114,000 basis. Equity gained on principal adds $736/yr, and 5% annual appreciation accumulates to $31,496 by year five. Five-year ROI measures 123.1% and total cumulative return in cash reaches $46,519. For financing, Ziffy Mortgage’s DSCR program evaluates $867/mo property income against a $558/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1894
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49008, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,408 (100%) |
| Owner Occupied HU | 4,403 (59.4%) |
| Renter Occupied HU | 2,572 (34.7%) |
| Vacant Housing Units | 433 ( 5.8%) |
| Median Home Value | $313,209 |
| Average Home Value | $367,462 |
Housing Distribution
Address Breakdown
Residential
7,213
Single Family
5,774
Multi-Family
1,439
Businesses
537
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