1123 Clearview StKalamazooMI49048
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 1123 Clearview St, Kalamazoo, MI, 49048 in Kalamazoo: $1,477/mo in rent, $448/mo in net income, 11.51% gross yield, 2.13 DSCR, all at $154,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $42,547 in appreciation and $1,418/yr in principal paydown projects total cumulative return of $87,602.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 7.8% |
| Monthly Cash Flow | $448 | $450 |
City averages based on Kalamazoo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,477 |
| Total Monthly Debt Service | $968 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
7,840 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1950
7,840 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices