345 Hickory Valley DrKalamazooMI49009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 345 Hickory Valley Dr, Kalamazoo, MI, 49009 at $404,900 posts ROI 25.63% with $640/mo cash flow from $3,635/mo rent. Total monthly income equals $3,635/mo, and annual cash flow records $7,676/yr on $134,224 to close. Return on cash invested measures 25.63% and rental yield reads 10.77% at the current $404,900. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,866 by year five. Five-year ROI prints 135.09% and total cumulative return in cash totals $181,326.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,635/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2024
1,306 sqft lot
$N/A/sqft
$325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49009, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,901 (100%) |
| Owner Occupied HU | 13,468 (64.4%) |
| Renter Occupied HU | 6,435 (30.8%) |
| Vacant Housing Units | 998 ( 4.8%) |
| Median Home Value | $361,839 |
| Average Home Value | $405,222 |
Housing Distribution
Address Breakdown
Residential
20,459
Single Family
15,874
Multi-Family
4,585
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
