1406 Barclay DrKalamazooMI49004
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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 1406 Barclay Dr, Kalamazoo, MI, 49004 uses $46,410 cash to close to unlock $8,439/yr annual cash flow and $703/mo monthly cash flow. Total monthly income runs $1,667/mo, and a $685/mo payment keeps the spread at $703/mo. Purchase price stands at $140,000, and rental yield measures 14.29% with $1,667/mo rent. Return on cash invested shows 38.09% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 201.34% and total cumulative return in cash records $93,442. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,667/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1956
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49004, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 5,089 (69.9%) |
| Renter Occupied HU | 1,893 (26.0%) |
| Vacant Housing Units | 296 ( 4.1%) |
| Median Home Value | $210,048 |
| Average Home Value | $266,451 |
Housing Distribution
Address Breakdown
Residential
7,034
Single Family
6,643
Multi-Family
391
Businesses
221
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