3025 E Main StKalamazooMI49048
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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
Rental property for sale in Kalamazoo at 3025 E Main St, Kalamazoo, MI, 49048 priced at $354,300 pairs $1,224/mo rent with after a $1,734/mo payment. Total monthly income equals $1,224/mo. Return on cash invested is 6.1% in year one, and rental yield stands at 4.15% on a $354,300 basis. Equity gained on principal adds $2,286/yr, and 5% annual appreciation accumulates to $97,887 by year five. Five-year ROI measures 30.23% and total cumulative return in cash reaches $35,504. For financing, Ziffy Mortgage’s DSCR program evaluates $1,224/mo property income against a $1,734/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49048, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,282 (100%) |
| Owner Occupied HU | 6,937 (61.5%) |
| Renter Occupied HU | 3,728 (33.0%) |
| Vacant Housing Units | 617 ( 5.5%) |
| Median Home Value | $196,504 |
| Average Home Value | $286,257 |
Housing Distribution
Address Breakdown
Residential
10,732
Single Family
8,772
Multi-Family
1,960
Businesses
638
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