1115 Reycraft Dr,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 1115 Reycraft Dr, Kalamazoo, MI, 49001 uses $78,864 cash to close to unlock $5,819/yr annual cash flow and $485/mo monthly cash flow. Total monthly income runs $2,115/mo, and a $1,164/mo payment keeps the spread at $485/mo. Purchase price stands at $237,900, and rental yield measures 10.67% with $2,115/mo rent. Return on cash invested shows 27.29% in year one, and 5% annual appreciation builds toward $65,727 over five years. Five-year ROI reaches 143.28% and total cumulative return in cash records $112,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,115/mo property income covering a $1,164/mo payment rather than investor’s personal income.