2426 Upper Riverview DrKalamazooMI49004
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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 2426 Upper Riverview Dr, Kalamazoo, MI, 49004 uses $44,090 cash to close to unlock $6,635/yr annual cash flow and $553/mo monthly cash flow. Total monthly income runs $1,430/mo, and a $651/mo payment keeps the spread at $553/mo. Purchase price stands at $133,000, and rental yield measures 12.9% with $1,430/mo rent. Return on cash invested shows 34.96% in year one, and 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 184.06% and total cumulative return in cash records $81,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,430/mo property income covering a $651/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49004, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 5,089 (69.9%) |
| Renter Occupied HU | 1,893 (26.0%) |
| Vacant Housing Units | 296 ( 4.1%) |
| Median Home Value | $210,048 |
| Average Home Value | $266,451 |
Housing Distribution
Address Breakdown
Residential
7,034
Single Family
6,643
Multi-Family
391
Businesses
221
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