1316 Knollwood AveKalamazooMI49006
Nearby investment properties with comparable rents
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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
Investment Highlights
Investment property for sale in Kalamazoo at 1316 Knollwood Ave, Kalamazoo, MI, 49006 earns $551/mo cash flow from $2,861/mo rent with a $1,659/mo payment. Total monthly income totals $2,861/mo, and annual cash flow totals $6,613/yr on $112,379 capital. ROI tracks 25.79% on current figures, and rental yield reads 10.13% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 135.25% and total cumulative return in cash sums $151,996. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,861/mo property income instead of your personal income.
Single Family
Built in 1948
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49006, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,788 (100%) |
| Owner Occupied HU | 4,353 (36.9%) |
| Renter Occupied HU | 6,674 (56.6%) |
| Vacant Housing Units | 761 ( 6.5%) |
| Median Home Value | $219,715 |
| Average Home Value | $244,522 |
Housing Distribution
Address Breakdown
Residential
11,194
Single Family
8,650
Multi-Family
2,544
Businesses
381
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