1518 Fair St,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 1518 Fair St, Kalamazoo, MI, 49001 offers a 12.45% rental yield on a $200,000 purchase with $2,075/mo rent. Total monthly income registers $2,075/mo, and a $979/mo payment leaves $756/mo available for distribution. Annual cash flow reaches $9,072/yr on $66,300 to close, and return on cash invested stands at 33.59% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 176.75% and total cumulative return in cash at $117,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,075/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.