8803 N 14th StKalamazooMI49009
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 8803 N 14th St, Kalamazoo, MI, 49009 in Kalamazoo. At $197,000 it earns $1,489/mo in rent and distributes $246/mo to the owner after the $886/mo payment, a consistent 9.41% yield. DSCR 1.68 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $54,427 in value; $1,814/yr in principal paydown compounds ownership stake. Total projected return: $87,310.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.8% |
| Monthly Cash Flow | $246 | $450 |
City averages based on Kalamazoo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,489 |
| Total Monthly Debt Service | $1,221 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
0.27 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
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
Single Family
Built in 1960
0.27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
