306 Sabin StKalamazooMI49006
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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 306 Sabin St, Kalamazoo, MI, 49006 priced at $242,900 converts $1,736/mo rent into $134/mo cash flow after a $1,189/mo obligation. Total monthly income equals $1,736/mo, and annual cash flow totals $1,609/yr on $80,521 invested. Return on cash invested prints 21.91% in year one, and rental yield reads 8.58% against a $242,900 entry. Equity gained on principal adds $1,567/yr, while 5% annual appreciation compiles into $67,109 by year five. Five-year ROI reaches 114.16% and total cumulative return in cash sums $91,921. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,736/mo property income covering a $1,189/mo payment, not borrower’s personal income.
Single Family
Built in 1955
8,712 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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