1220 E Alcott St,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 1220 E Alcott St, Kalamazoo, MI, 49001 offers $957/mo rent that, after a $587/mo payment, leaves $166/mo cash flow. Total monthly income is $957/mo, and annual cash flow is $1,992/yr on $39,780 cash. Return on cash invested measures 24.92% in year one, and rental yield stands at 9.57% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 130.18% and total cumulative return in cash reaches $51,787. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $957/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.