922 Washington AveKalamazooMI49001
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow922 Washington Ave, Kalamazoo, MI, 49001 in Kalamazoo is a solid income-producing rental, 12.52% gross yield, $1,251/mo rent, $377/mo net cash flow on a $119,900 buy. DSCR 2.32 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $33,126 and $1,104/yr in principal reduction project a total cumulative return of $70,380.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 7.8% |
| Monthly Cash Flow | $377 | $450 |
City averages based on Kalamazoo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,251 |
| Total Monthly Debt Service | $826 |
| DSCR Ratio | 1.51x |
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 1912
3,484 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 1912
3,484 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
