415 Davis StKalamazooMI49007
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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 415 Davis St, Kalamazoo, MI, 49007 listed at $223,000 pairs $1,496/mo rent with a $1,091/mo payment to leave $26/mo cash flow. Total monthly income runs $1,496/mo, and annual cash flow reaches $311/yr on $73,925 cash to close. Return on cash invested measures 20.33% in year one, and rental yield registers 8.05% at a $223,000 basis. Equity gained on principal adds $1,439/yr, and annual property appreciation at 5% supports $61,611 by year five. Five-year ROI tracks 105.63% and total cumulative return in cash totals $78,089. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,496/mo property income relative to a $1,091/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1911
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49007, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,712 (100%) |
| Owner Occupied HU | 1,473 (25.8%) |
| Renter Occupied HU | 3,638 (63.7%) |
| Vacant Housing Units | 601 (10.5%) |
| Median Home Value | $115,844 |
| Average Home Value | $175,078 |
Housing Distribution
Address Breakdown
Residential
5,156
Single Family
3,901
Multi-Family
1,255
Businesses
873
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