311 Pratt Rd, Kalamazoo, MI, 49001 | 9.47% Rental Yield

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Kalamazoo at 311 Pratt Rd, Kalamazoo, MI, 49001 priced at $239,900 pairs $1,894/mo rent with after a $1,174/mo payment. Total monthly income equals $1,894/mo. Return on cash invested is 17.72% in year one, and rental yield stands at 9.47% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 94.12% and total cumulative return in cash reaches $74,851. For financing, Ziffy Mortgage’s DSCR program evaluates $1,894/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 1981

N/A lot

$N/A/sqft

$360 monthly HOA