1466 N Eagle Lake DrKalamazooMI49009
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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 1466 N Eagle Lake Dr, Kalamazoo, MI, 49009 with 5% annual appreciation on a $649,900 basis while $3,440/mo rent supports operations. 29% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,555 alongside rental yield of 6.35%. Five-year ROI measures 78.57% and total cumulative return in cash totals $167,994. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,440/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
5,227 sqft lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49009, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,901 (100%) |
| Owner Occupied HU | 13,468 (64.4%) |
| Renter Occupied HU | 6,435 (30.8%) |
| Vacant Housing Units | 998 ( 4.8%) |
| Median Home Value | $361,839 |
| Average Home Value | $405,222 |
Housing Distribution
Address Breakdown
Residential
20,459
Single Family
15,874
Multi-Family
4,585
Businesses
854
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