1603 Lay Blvd,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 1603 Lay Blvd, Kalamazoo, MI, 49001 offers $2,170/mo rent that, after a $783/mo payment, leaves $1,115/mo cash flow. Total monthly income is $2,170/mo, and annual cash flow is $13,382/yr on $53,007 cash. Return on cash invested measures 45.15% in year one, and rental yield stands at 16.29% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 238.85% and total cumulative return in cash reaches $126,606. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,170/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.