639 Sawgrass Way #21KalamazooMI49009
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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 639 Sawgrass Way #21, Kalamazoo, MI, 49009 listed at $689,500 pairs $2,886/mo rent with a $3,375/mo payment. Total monthly income runs $2,886/mo. Return on cash invested measures 10.3% in year one, and rental yield registers 5.02% at a $689,500 basis. Equity gained on principal adds $4,449/yr, and annual property appreciation at 5% supports $190,496 by year five. Five-year ROI tracks 52.19% and total cumulative return in cash totals $118,399. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,886/mo property income relative to a $3,375/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
4,356 sqft lot
$N/A/sqft
$549 quarterly 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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