304 W Emerson St,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 304 W Emerson St, Kalamazoo, MI, 49001 listed at $190,000 pairs $1,442/mo rent with a $930/mo payment to leave $189/mo cash flow. Total monthly income runs $1,442/mo, and annual cash flow reaches $2,268/yr on $62,985 cash to close. Return on cash invested measures 23.51% in year one, and rental yield registers 9.11% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 122.68% and total cumulative return in cash totals $77,268. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,442/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).