1181 S 4th StKalamazooMI49009
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
Investment Highlights
Investment property for sale in Kalamazoo at 1181 S 4th St, Kalamazoo, MI, 49009 uses $61,991 cash to close to unlock $3,061/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $1,488/mo, and a $915/mo payment keeps the spread at $255/mo. Purchase price stands at $187,000, and rental yield measures 9.55% with $1,488/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 129.94% and total cumulative return in cash records $80,550. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,488/mo property income covering a $915/mo payment rather than investor’s personal income.
Single Family
Built in 1890
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49009, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,901 (100%) |
| Owner Occupied HU | 13,468 (64.4%) |
| Renter Occupied HU | 6,435 (30.8%) |
| Vacant Housing Units | 998 ( 4.8%) |
| Median Home Value | $361,839 |
| Average Home Value | $405,222 |
Housing Distribution
Address Breakdown
Residential
20,459
Single Family
15,874
Multi-Family
4,585
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
