1903 Miles Ave,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 1903 Miles Ave, Kalamazoo, MI, 49001 with 5% annual appreciation on a $234,900 basis while $1,917/mo rent supports operations. Total monthly income totals $1,917/mo and a $1,150/mo payment preserves $368/mo for cash returns. Annual cash flow comes to $4,412/yr on $77,869 deployed, and return on cash invested reaches 25.57% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 9.79%. Five-year ROI measures 133.77% and total cumulative return in cash totals $104,169.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,917/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.