3022 Santos AveKalamazooMI49006
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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 3022 Santos Ave, Kalamazoo, MI, 49006 with 5% annual appreciation on a $209,900 basis while $1,912/mo rent supports operations. Total monthly income totals $1,912/mo and a $1,027/mo payment preserves $528/mo for cash returns. Annual cash flow comes to $6,338/yr on $69,582 deployed, and return on cash invested reaches 29.02% in year one. Equity gained on principal adds $1,354/yr, and five-year appreciation sums $57,992 alongside rental yield of 10.93%. Five-year ROI measures 152.28% and total cumulative return in cash totals $105,956.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,912/mo property income versus a $1,027/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
7,840 sqft 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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