1320 Southern Ave,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 1320 Southern Ave, Kalamazoo, MI, 49001 priced at $199,999 pairs $1,844/mo rent with $523/mo cash flow after a $979/mo payment. Total monthly income equals $1,844/mo, and annual cash flow comes to $6,274/yr on $66,300 invested. Return on cash invested is 29.37% in year one, and rental yield stands at 11.06% on a $199,999 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 154.13% and total cumulative return in cash reaches $102,188. For financing, Ziffy Mortgage’s DSCR program evaluates $1,844/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.