1515 Fulton St,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 1515 Fulton St, Kalamazoo, MI, 49001 priced at $145,000 converts $1,531/mo rent into $575/mo cash flow after a $710/mo obligation. Total monthly income equals $1,531/mo, and annual cash flow totals $6,894/yr on $48,068 invested. Return on cash invested prints 34.25% in year one, and rental yield reads 12.67% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 180.34% and total cumulative return in cash sums $86,684. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,531/mo property income covering a $710/mo payment, not borrower’s personal income.