745 Hawley StKalamazooMI49007
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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
Rental property for sale in Kalamazoo at 745 Hawley St, Kalamazoo, MI, 49007 priced at $136,900 converts $1,943/mo rent into $931/mo cash flow after a $670/mo obligation. Total monthly income equals $1,943/mo, and annual cash flow totals $11,176/yr on $45,382 invested. Return on cash invested prints 44.53% in year one, and rental yield reads 17.03% against a $136,900 entry. Equity gained on principal adds $883/yr, while 5% annual appreciation compiles into $37,823 by year five. Five-year ROI reaches 236.54% and total cumulative return in cash sums $107,349. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,943/mo property income covering a $670/mo payment, not borrower’s personal income.
Single Family
Built in 1913
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49007, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,712 (100%) |
| Owner Occupied HU | 1,473 (25.8%) |
| Renter Occupied HU | 3,638 (63.7%) |
| Vacant Housing Units | 601 (10.5%) |
| Median Home Value | $115,844 |
| Average Home Value | $175,078 |
Housing Distribution
Address Breakdown
Residential
5,156
Single Family
3,901
Multi-Family
1,255
Businesses
873
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