838 Lakeway Ave, Kalamazoo, MI, 49001 | $38/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
3 Bath
1154 sft

107 Inverness Ct, Kalamazoo, MI, 49006

Currently Rented+ 1 more

5 Bed
2 Bath
1620 sft

629 Jefferson Pl, Kalamazoo, MI, 49006

3 Bed
2 Bath
1700 sft

22460 Klines Resort Rd LOT 117, Three Rivers, MI, 49093

2 Bed
2 Bath
886 sft

3320 Scots Pine Way APT 8, Portage, MI, 49024

Nearby investment properties with comparable prices

2 Bed
3 Bath
1529 sft

6332 Quail Run Dr, Kalamazoo, MI, 49009

2 Bed
1 Bath
1225 sft

5056 N Westnedge Ave, Kalamazoo, MI, 49004

3 Bed
1 Bath
1391 sft

1115 Reycraft Dr, Kalamazoo, MI, 49001

3 Bed
2 Bath
1276 sft

1111 Vassar Dr, Kalamazoo, MI, 49001

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Kalamazoo at 838 Lakeway Ave, Kalamazoo, MI, 49001 with 5% annual appreciation on a $279,000 basis while $1,878/mo rent supports operations. Total monthly income totals $1,878/mo and a $1,366/mo payment preserves $38/mo for cash returns. Annual cash flow comes to $452/yr on $92,489 deployed, and return on cash invested reaches 20.4% in year one. Equity gained on principal adds $1,800/yr, and five-year appreciation sums $77,083 alongside rental yield of 8.08%. Five-year ROI measures 106.01% and total cumulative return in cash totals $98,047.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,878/mo property income versus a $1,366/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1929

5,227 sqft lot

$N/A/sqft

No HOA