1615 Southern Ave,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 1615 Southern Ave, Kalamazoo, MI, 49001 uses $67,958 cash to close to unlock $2,790/yr annual cash flow and $233/mo monthly cash flow. Total monthly income runs $1,584/mo, and a $1,003/mo payment keeps the spread at $233/mo. Purchase price stands at $205,000, and rental yield measures 9.27% with $1,584/mo rent. Return on cash invested shows 24.01% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 125.42% and total cumulative return in cash records $85,230. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,584/mo property income covering a $1,003/mo payment rather than investor’s personal income.