2115 Royce Ave,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 2115 Royce Ave, Kalamazoo, MI, 49001 listed at $248,000 pairs $2,159/mo rent with a $1,214/mo payment to leave $523/mo cash flow. Total monthly income runs $2,159/mo, and annual cash flow reaches $6,281/yr on $82,212 cash to close. Return on cash invested measures 27.55% in year one, and rental yield registers 10.45% at a $248,000 basis. Equity gained on principal adds $1,600/yr, and annual property appreciation at 5% supports $68,518 by year five. Five-year ROI tracks 144.39% and total cumulative return in cash totals $118,710. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,159/mo property income relative to a $1,214/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).