6286 N 2nd StKalamazooMI49009
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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 6286 N 2nd St, Kalamazoo, MI, 49009 earns $653/mo cash flow from $2,236/mo rent with a $1,175/mo payment. Total monthly income totals $2,236/mo, and annual cash flow totals $7,836/yr on $79,560 capital. ROI tracks 29.76% on current figures, and rental yield reads 11.18% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 156.17% and total cumulative return in cash sums $124,250. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,236/mo property income instead of your personal income.
Manufactured
Built in 1991
1.82 Acres lot
$N/A/sqft
No 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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