1110 Hotop AveKalamazooMI49048
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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
Investment property for sale in Kalamazoo at 1110 Hotop Ave, Kalamazoo, MI, 49048 earns $643/mo cash flow from $1,566/mo rent with a $685/mo payment. Total monthly income totals $1,566/mo, and annual cash flow totals $7,716/yr on $46,410 capital. ROI tracks 36.53% on current figures, and rental yield reads 13.42% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 192.52% and total cumulative return in cash sums $89,350. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,566/mo property income instead of your personal income.
Multi Family
Built in 1890
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49048, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,282 (100%) |
| Owner Occupied HU | 6,937 (61.5%) |
| Renter Occupied HU | 3,728 (33.0%) |
| Vacant Housing Units | 617 ( 5.5%) |
| Median Home Value | $196,504 |
| Average Home Value | $286,257 |
Housing Distribution
Address Breakdown
Residential
10,732
Single Family
8,772
Multi-Family
1,960
Businesses
638
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