415 Park Pl,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 415 Park Pl, Kalamazoo, MI, 49001 generates $2,290/mo in rent and, after a $1,243/mo payment, leaves $615/mo in cash flow. Total monthly income is $2,290/mo, and annual cash flow is $7,382/yr on $84,201 invested. Return on cash invested sits at 28.68% in year one, and rental yield is 10.82% on a $254,000 entry. Equity gained on principal adds $1,639/yr, while 5% annual appreciation builds toward $70,176 over five years. Five-year ROI reaches 150.43% and total cumulative return in cash sums $126,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,290/mo property income rather than buyer’s personal income.