398 Summit Dr #2D,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 398 Summit Dr #2D, Kalamazoo, MI, 49001 at $362,900 posts ROI 22.28% with $238/mo cash flow from $2,906/mo rent. Total monthly income equals $2,906/mo, and annual cash flow records $2,857/yr on $120,301 to close. Return on cash invested measures 22.28% and rental yield reads 9.61% at the current $362,900. Equity gained on principal adds $2,342/yr, and 5% annual appreciation supports $100,263 by year five. Five-year ROI prints 117.14% and total cumulative return in cash totals $140,924.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,906/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).