1833 Bloomfield Ave,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 1833 Bloomfield Ave, Kalamazoo, MI, 49001 uses $77,869 cash to close to unlock $1,568/yr annual cash flow and $131/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $1,150/mo payment keeps the spread at $131/mo. Purchase price stands at $234,900, and rental yield measures 8.58% with $1,680/mo rent. Return on cash invested shows 21.92% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 114.2% and total cumulative return in cash records $88,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,150/mo payment rather than investor’s personal income.