Texas Dr #1BW1HFKalamazooMI49009
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
Investment Highlights
Rental property for sale in Kalamazoo at Texas Dr #1BW1HF, Kalamazoo, MI, 49009 priced at $427,900 converts $3,384/mo rent into $563/mo cash flow after a $2,094/mo obligation. Total monthly income equals $3,384/mo, and annual cash flow totals $6,751/yr on $141,849 invested. Return on cash invested prints 24.67% in year one, and rental yield reads 9.49% against a $427,900 entry. Equity gained on principal adds $2,761/yr, while 5% annual appreciation compiles into $118,221 by year five. Five-year ROI reaches 128.89% and total cumulative return in cash sums $182,835. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,384/mo property income covering a $2,094/mo payment, not borrower’s personal income.
Single Family
Built in 2023
N/A 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
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