1303 Homecrest AveKalamazooMI49001
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1303 Homecrest Ave, Kalamazoo, MI, 49001 in Kalamazoo. Priced at $249,900, it generates $2,334/mo in gross rent and $686/mo in net monthly cash flow, a 11.21% yield that comfortably supports the 2.08 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,232. Five-year appreciation: $69,043. Equity from principal paydown: $2,302/yr. Total projected cumulative return: $139,373.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 7.8% |
| Monthly Cash Flow | $686 | $450 |
City averages based on Kalamazoo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,334 |
| Total Monthly Debt Service | $1,549 |
| DSCR Ratio | 1.51x |
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 1931
8,276 sqft lot
$N/A/sqft
No HOA
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 1931
8,276 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices