3010 Harborview CtKalamazooMI49009
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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 3010 Harborview Ct, Kalamazoo, MI, 49009 uses $152,490 cash to close to unlock $3,312/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $3,584/mo, and a $2,251/mo payment keeps the spread at $276/mo. Purchase price stands at $460,000, and rental yield measures 9.35% with $3,584/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 115.79% and total cumulative return in cash records $176,569. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,584/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Condo
Built in 2014
7,840 sqft lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49009, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,901 (100%) |
| Owner Occupied HU | 13,468 (64.4%) |
| Renter Occupied HU | 6,435 (30.8%) |
| Vacant Housing Units | 998 ( 4.8%) |
| Median Home Value | $361,839 |
| Average Home Value | $405,222 |
Housing Distribution
Address Breakdown
Residential
20,459
Single Family
15,874
Multi-Family
4,585
Businesses
854
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