6241 Saddle Ridge CtKalamazooMI49009
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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
Rental property for sale in Kalamazoo at 6241 Saddle Ridge Ct, Kalamazoo, MI, 49009 generates $3,876/mo in rent and, after a $2,643/mo payment, leaves $175/mo in cash flow. Total monthly income is $3,876/mo, and annual cash flow is $2,100/yr on $177,660 invested. Return on cash invested sits at 21.24% in year one, and rental yield is 8.61% on a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 110.83% and total cumulative return in cash sums $196,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,876/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.40 Acres lot
$N/A/sqft
$140 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49009, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,901 (100%) |
| Owner Occupied HU | 13,468 (64.4%) |
| Renter Occupied HU | 6,435 (30.8%) |
| Vacant Housing Units | 998 ( 4.8%) |
| Median Home Value | $361,839 |
| Average Home Value | $405,222 |
Housing Distribution
Address Breakdown
Residential
20,459
Single Family
15,874
Multi-Family
4,585
Businesses
854
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