1506 Palmer Ave,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 1506 Palmer Ave, Kalamazoo, MI, 49001 uses $45,714 cash to close to unlock $1,867/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $1,065/mo, and a $675/mo payment keeps the spread at $156/mo. Purchase price stands at $137,900, and rental yield measures 9.27% with $1,065/mo rent. Return on cash invested shows 23.99% in year one, and 5% annual appreciation builds toward $38,099 over five years. Five-year ROI reaches 125.32% and total cumulative return in cash records $57,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,065/mo property income covering a $675/mo payment rather than investor’s personal income.