1231 E Cork St, Kalamazoo, MI, 49001 | 8.41% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Kalamazoo at 1231 E Cork St, Kalamazoo, MI, 49001 offers a 8.41% rental yield on a $225,000 purchase with $1,576/mo rent. 65% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 97.6% and total cumulative return in cash at $72,801. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,576/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1950

8,276 sqft lot

$N/A/sqft

No HOA