3304 Cranbrook AveKalamazooMI49006
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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
Investment property for sale in Kalamazoo at 3304 Cranbrook Ave, Kalamazoo, MI, 49006 uses $87,019 cash to close to unlock $1,353/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $1,844/mo, and a $1,285/mo payment keeps the spread at $113/mo. Purchase price stands at $262,500, and rental yield measures 8.43% with $1,844/mo rent. Return on cash invested shows 21.46% in year one, and 5% annual appreciation builds toward $72,524 over five years. Five-year ROI reaches 111.71% and total cumulative return in cash records $97,210. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,844/mo property income covering a $1,285/mo payment rather than investor’s personal income.
Single Family
Built in 1955
10,454 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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