1212 Washington Ave,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 1212 Washington Ave, Kalamazoo, MI, 49001 generates $1,221/mo in rent and, after a $795/mo payment, leaves $150/mo in cash flow. Total monthly income is $1,221/mo, and annual cash flow is $1,797/yr on $53,869 invested. Return on cash invested sits at 23.24% in year one, and rental yield is 9.02% on a $162,500 entry. Equity gained on principal adds $1,049/yr, while 5% annual appreciation builds toward $44,896 over five years. Five-year ROI reaches 121.28% and total cumulative return in cash sums $65,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,221/mo property income rather than buyer’s personal income.