3231 Portage St,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 3231 Portage St, Kalamazoo, MI, 49001 offers $1,965/mo rent that, after a $1,101/mo payment, leaves $320/mo cash flow. Total monthly income is $1,965/mo, and annual cash flow is $3,845/yr on $74,588 cash. Return on cash invested measures 25.06% in year one, and rental yield stands at 10.48% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 132% and total cumulative return in cash reaches $98,457. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,965/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.