722 Garland Cir APT AKalamazooMI49008
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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 722 Garland Cir APT A, Kalamazoo, MI, 49008 with 5% annual appreciation on a $120,000 basis while $1,296/mo rent supports operations. Total monthly income totals $1,296/mo and a $587/mo payment preserves $155/mo for cash returns. Annual cash flow comes to $1,860/yr on $39,780 deployed, and return on cash invested reaches 24.58% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 12.96%. Five-year ROI measures 132.24% and total cumulative return in cash totals $52,603.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,296/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1961
N/A lot
$N/A/sqft
$350 monthly 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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