1628 Royce Ave,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 1628 Royce Ave, Kalamazoo, MI, 49001 offers a 10.61% rental yield on a $250,000 purchase with $2,210/mo rent. Total monthly income registers $2,210/mo, and a $1,224/mo payment leaves $500/mo available for distribution. Annual cash flow reaches $5,994/yr on $82,875 to close, and return on cash invested stands at 27.14% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 142.49% and total cumulative return in cash at $118,090. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,210/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.