1313 Reed St,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 1313 Reed St, Kalamazoo, MI, 49001 listed at $109,900 pairs $985/mo rent with a $538/mo payment to leave $260/mo cash flow. Total monthly income runs $985/mo, and annual cash flow reaches $3,122/yr on $36,432 cash to close. Return on cash invested measures 28.48% in year one, and rental yield registers 10.76% at a $109,900 basis. Equity gained on principal adds $709/yr, and annual property appreciation at 5% supports $30,363 by year five. Five-year ROI tracks 149.42% and total cumulative return in cash totals $54,436. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $985/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).