420 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 420 Davis St, Kalamazoo, MI, 49007 offers a 10.56% rental yield on a $188,920 purchase with $1,663/mo rent. Total monthly income registers $1,663/mo, and a $925/mo payment leaves $417/mo available for distribution. Annual cash flow reaches $5,002/yr on $62,627 to close, and return on cash invested stands at 27.9% in year one. Equity gained on principal adds $1,219/yr while 5% annual appreciation supports $52,195 over five years. Portfolio math shows five-year ROI at 146.19% and total cumulative return in cash at $91,557. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,663/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1927
4,791 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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