3605 Portage St,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 3605 Portage St, Kalamazoo, MI, 49001 priced at $319,900 pairs $2,402/mo rent with $292/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,402/mo, and annual cash flow comes to $3,506/yr on $106,047 invested. Return on cash invested is 23.22% in year one, and rental yield stands at 9.01% on a $319,900 basis. Equity gained on principal adds $2,064/yr, and 5% annual appreciation accumulates to $88,382 by year five. Five-year ROI measures 121.13% and total cumulative return in cash reaches $128,456. For financing, Ziffy Mortgage’s DSCR program evaluates $2,402/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.