920 Washington Ave,Kalamazoo,MI,49001

Investment Highlights

Investment property for sale in Kalamazoo at 920 Washington Ave, Kalamazoo, MI, 49001 uses $38,786 cash to close to unlock $8,893/yr annual cash flow and $741/mo monthly cash flow. Total monthly income runs $1,513/mo, and a $573/mo payment keeps the spread at $741/mo. Purchase price stands at $117,000, and rental yield measures 15.52% with $1,513/mo rent. Return on cash invested shows 42.84% in year one, and 5% annual appreciation builds toward $32,325 over five years. Five-year ROI reaches 226.45% and total cumulative return in cash records $87,829. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,513/mo property income covering a $573/mo payment rather than investor’s personal income.