1808 Homecrest Ave,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 1808 Homecrest Ave, Kalamazoo, MI, 49001 offers $1,504/mo rent that, after a $920/mo payment, leaves $264/mo cash flow. Total monthly income is $1,504/mo, and annual cash flow is $3,173/yr on $62,322 cash. Return on cash invested measures 25% in year one, and rental yield stands at 9.6% at a $188,000 entry. Equity gained on principal adds $1,213/yr while 5% annual appreciation compounds into $51,941 by year five. Five-year ROI records 130.73% and total cumulative return in cash reaches $81,476. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,504/mo property income versus a $920/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.