320 Reed Ave,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 320 Reed Ave, Kalamazoo, MI, 49001 priced at $155,000 converts $1,403/mo rent into $381/mo cash flow after a $759/mo obligation. Total monthly income equals $1,403/mo, and annual cash flow totals $4,566/yr on $51,383 invested. Return on cash invested prints 28.8% in year one, and rental yield reads 10.86% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 151.09% and total cumulative return in cash sums $77,632. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,403/mo property income covering a $759/mo payment, not borrower’s personal income.