617 Forest StKalamazooMI49008
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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 617 Forest St, Kalamazoo, MI, 49008 earns $423/mo cash flow from $1,432/mo rent with a $749/mo payment. Total monthly income totals $1,432/mo, and annual cash flow totals $5,075/yr on $50,720 capital. ROI tracks 29.91% on current figures, and rental yield reads 11.23% at a $153,000 purchase. Equity gained on principal adds $987/yr, and 5% annual appreciation supports $42,271 over five years. Five-year ROI reaches 157.03% and total cumulative return in cash sums $79,644. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,432/mo property income instead of your personal income.
Multi Family
Built in 1895
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49008, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,408 (100%) |
| Owner Occupied HU | 4,403 (59.4%) |
| Renter Occupied HU | 2,572 (34.7%) |
| Vacant Housing Units | 433 ( 5.8%) |
| Median Home Value | $313,209 |
| Average Home Value | $367,462 |
Housing Distribution
Address Breakdown
Residential
7,213
Single Family
5,774
Multi-Family
1,439
Businesses
537
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