7040 Turkey Glen TrlKalamazooMI49009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7040 Turkey Glen Trl, Kalamazoo, MI, 49009 with 5% annual appreciation on a $498,000 basis while $5,474/mo rent supports operations. Total monthly income totals $5,474/mo and a $2,437/mo payment preserves $2,170/mo for cash returns. Annual cash flow comes to $26,035/yr on $165,087 deployed, and return on cash invested reaches 35.68% in year one. Equity gained on principal adds $3,214/yr, and five-year appreciation sums $137,588 alongside rental yield of 13.19%. Five-year ROI measures 188.01% and total cumulative return in cash totals $310,372.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,474/mo property income versus a $2,437/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
2.83 Acres lot
$N/A/sqft
$250 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
