7238 Saint Charles PlKalamazooMI49009
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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 7238 Saint Charles Pl, Kalamazoo, MI, 49009 generates $2,571/mo in rent and, after a $1,786/mo payment, leaves $149/mo in cash flow. Total monthly income is $2,571/mo, and annual cash flow is $1,788/yr on $120,998 invested. Return on cash invested sits at 21.39% in year one, and rental yield is 8.45% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 111.34% and total cumulative return in cash sums $134,719. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,571/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.41 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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