1110 Royce Ave,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 1110 Royce Ave, Kalamazoo, MI, 49001 priced at $227,000 pairs $1,551/mo rent with $54/mo cash flow after a $1,111/mo payment. Total monthly income equals $1,551/mo, and annual cash flow comes to $649/yr on $75,251 invested. Return on cash invested is 20.77% in year one, and rental yield stands at 8.2% on a $227,000 basis. Equity gained on principal adds $1,465/yr, and 5% annual appreciation accumulates to $62,716 by year five. Five-year ROI measures 108.06% and total cumulative return in cash reaches $81,313. For financing, Ziffy Mortgage’s DSCR program evaluates $1,551/mo property income against a $1,111/mo payment instead of your W2s, 1099s, or Tax returns.