1511 Edgeridge CirKalamazooMI49008
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1511 Edgeridge Cir, Kalamazoo, MI, 49008 earns from $2,536/mo rent with a $1,859/mo payment. Total monthly income totals $2,536/mo. ROI tracks 19.09% on current figures, and rental yield reads 8.01% at a $379,907 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,961 over five years. Five-year ROI reaches 99.38% and total cumulative return in cash sums $125,155. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,536/mo property income instead of your personal income.
Single Family
Built in 1949
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49008, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,408 (100%) |
| Owner Occupied HU | 4,403 (59.4%) |
| Renter Occupied HU | 2,572 (34.7%) |
| Vacant Housing Units | 433 ( 5.8%) |
| Median Home Value | $313,209 |
| Average Home Value | $367,462 |
Housing Distribution
Address Breakdown
Residential
7,213
Single Family
5,774
Multi-Family
1,439
Businesses
537
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