204 Monroe StKalamazooMI49006
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Kalamazoo at 204 Monroe St, Kalamazoo, MI, 49006 with 5% annual appreciation on a $529,900 basis while $3,583/mo rent supports operations. Total monthly income totals $3,583/mo and a $2,594/mo payment preserves $88/mo for cash returns. Annual cash flow comes to $1,058/yr on $174,337 deployed, and return on cash invested reaches 20.67% in year one. Equity gained on principal adds $3,419/yr, and five-year appreciation sums $146,402 alongside rental yield of 8.11%. Five-year ROI measures 107.43% and total cumulative return in cash totals $187,295.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,583/mo property income versus a $2,594/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1911
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49006, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,788 (100%) |
| Owner Occupied HU | 4,353 (36.9%) |
| Renter Occupied HU | 6,674 (56.6%) |
| Vacant Housing Units | 761 ( 6.5%) |
| Median Home Value | $219,715 |
| Average Home Value | $244,522 |
Housing Distribution
Address Breakdown
Residential
11,194
Single Family
8,650
Multi-Family
2,544
Businesses
381
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