373 E D AveKalamazooMI49009
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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 373 E D Ave, Kalamazoo, MI, 49009 offers a 12.12% rental yield on a $215,600 purchase with $2,178/mo rent. Total monthly income registers $2,178/mo, and a $1,055/mo payment leaves $756/mo available for distribution. Annual cash flow reaches $9,078/yr on $71,471 to close, and return on cash invested stands at 32.61% in year one. Equity gained on principal adds $1,391/yr while 5% annual appreciation supports $59,566 over five years. Portfolio math shows five-year ROI at 171.51% and total cumulative return in cash at $122,578. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,178/mo property income against a $1,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
1 Acres lot
$N/A/sqft
No 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
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