923 Par 4 RdKalamazooMI49008
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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
Investment Highlights
Investment property for sale in Kalamazoo at 923 Par 4 Rd, Kalamazoo, MI, 49008 listed at $249,500 pairs $2,444/mo rent with a $1,221/mo payment to leave $799/mo cash flow. Total monthly income runs $2,444/mo, and annual cash flow reaches $9,586/yr on $82,709 cash to close. Return on cash invested measures 31.5% in year one, and rental yield registers 11.75% at a $249,500 basis. Equity gained on principal adds $1,610/yr, and annual property appreciation at 5% supports $68,932 by year five. Five-year ROI tracks 165.54% and total cumulative return in cash totals $136,917. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,444/mo property income relative to a $1,221/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49008, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,408 (100%) |
| Owner Occupied HU | 4,403 (59.4%) |
| Renter Occupied HU | 2,572 (34.7%) |
| Vacant Housing Units | 433 ( 5.8%) |
| Median Home Value | $313,209 |
| Average Home Value | $367,462 |
Housing Distribution
Address Breakdown
Residential
7,213
Single Family
5,774
Multi-Family
1,439
Businesses
537
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