1517 Fair St,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 1517 Fair St, Kalamazoo, MI, 49001 offers a 9.15% rental yield on a $139,900 purchase with $1,067/mo rent. Total monthly income registers $1,067/mo, and a $685/mo payment leaves $144/mo available for distribution. Annual cash flow reaches $1,730/yr on $46,377 to close, and return on cash invested stands at 23.64% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 123.46% and total cumulative return in cash at $57,255. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,067/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.