Texas Dr #60AILZKalamazooMI49009
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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 Texas Dr #60AILZ, Kalamazoo, MI, 49009 offers a 10.36% rental yield on a $424,100 purchase with $3,660/mo rent. Total monthly income registers $3,660/mo, and a $2,076/mo payment leaves $863/mo available for distribution. Annual cash flow reaches $10,356/yr on $140,589 to close, and return on cash invested stands at 27.28% in year one. Equity gained on principal adds $2,737/yr while 5% annual appreciation supports $117,171 over five years. Portfolio math shows five-year ROI at 142.91% and total cumulative return in cash at $200,914. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,660/mo property income against a $2,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
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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