2528 Broadway AveKalamazooMI49008
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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 2528 Broadway Ave, Kalamazoo, MI, 49008 earns $454/mo cash flow from $2,720/mo rent with a $1,645/mo payment. Total monthly income totals $2,720/mo, and annual cash flow totals $5,444/yr on $111,384 capital. ROI tracks 24.8% on current figures, and rental yield reads 9.71% at a $336,000 purchase. Equity gained on principal adds $2,168/yr, and 5% annual appreciation supports $92,831 over five years. Five-year ROI reaches 129.79% and total cumulative return in cash sums $144,562. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,720/mo property income instead of your personal income.
Single Family
Built in 1953
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49008, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,408 (100%) |
| Owner Occupied HU | 4,403 (59.4%) |
| Renter Occupied HU | 2,572 (34.7%) |
| Vacant Housing Units | 433 ( 5.8%) |
| Median Home Value | $313,209 |
| Average Home Value | $367,462 |
Housing Distribution
Address Breakdown
Residential
7,213
Single Family
5,774
Multi-Family
1,439
Businesses
537
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