916 Washington AveKalamazooMI49001
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 916 Washington Ave, Kalamazoo, MI, 49001 in Kalamazoo speaks for itself: 16.95% gross on a $117,000 price, generating $1,653/mo in rent and $881/mo in net income after the $526/mo debt service. DSCR 3.14, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,577 stacks alongside $32,325 in projected five-year appreciation and $1,078/yr in principal reduction. Projected total cumulative return: $101,360.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17% | 7.8% |
| Monthly Cash Flow | $881 | $450 |
City averages based on Kalamazoo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,653 |
| Total Monthly Debt Service | $725 |
| DSCR Ratio | 2.28x |
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.
Multi Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
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
Multi Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices