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915 Hays Park Ave
C+ Composite 61.76
Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +18.7/30.0
  • ARV discount +15.0/15.0
  • 1% rule +7.0/10.0
  • DSCR +5.9/10.0
  • Schools +4.7/10.0
  • Rent growth +4.1/5.0
  • Livability +3.8/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$144,700

915 Hays Park Ave · Kalamazoo, MI 49001
4 bd · 1.5 ba · 1,654 sqft · SingleFamily public records · 125 Days on market
Built 1911 4,356 sqft lot Est $190k · 24% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

Key facts

  • Basement access
  • New flooring
  • Storage space

Tags

UPDATED KITCHENSTAINLESS STEEL APPLIANCESNEW FLOORINGMUDROOMBASEMENT ACCESSSTORAGE SPACE

Property features AI

Finance

  • Other: Living area approximately 1,514
  • Financial info: Financial details not specified
  • HOA & community: HOA information not specified

Exterior

  • Parking: Detached garage; 1 garage space
  • Security: Security features not specified
  • Utilities: Public water
  • Home design: Single-family residence; Residential property; Built in 1911
  • Construction: Aluminum and wood siding
  • Exterior features: 0.1-acre lot

Interior

  • Kitchen: Microwave; Range; Refrigerator
  • Bedrooms: Bedrooms not specified
  • Flooring: Flooring details not specified
  • Bathrooms: 1 full bathroom; 1 half bathroom
  • Heating & cooling: Forced air heating
  • Interior features: Traditional-style home; 6 total rooms; Full basement
  • Laundry & utility: Laundry details not specified

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/1.5-bath single-family listed at $145k.

Deal economics

  • At list price, monthly cash flow is $143 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $145k).
  • Recommended offer: $127k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.5% vs local median 4.1% in Kalamazoo — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 76/100 on livability (#141 in MI, #3,492 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment D-.
  • Kalamazoo Public Schools (urban): math 43% / reading 72% proficiency, ranked #71 of 540 in MI (top 13%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+6.4%/yr); 109 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 339 units permitted in Kalamazoo County in 2024 (22 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($56k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Kalamazoo County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 6.4% rent growth), your $41k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 125 days — a 12% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
  • 16 sale attempts since 40y ago; this cycle's ask has dropped $23k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $42k; list at $145k implies a 240% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: property tax is 3.4% of price; built in 1911 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $127,336 (12.0% below list)

Questions for the listing agent

  1. It's been on market 125 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1911 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.20%
Cap rate
7.48%
Cash-on-cash
4.23%
DSCR
1.19
GRM
6.9

CMA / ARV

ARV (on-the-fly)
$190,210
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1006 Hays Park Ave 0.05mi 4/2.0 1,613 (-2%) 1mo $185,000 $115 91
1113 Egleston Ave 0.17mi 4/1.5 1,611 (-3%) 1mo $180,000 $112 87
1005 Washington Ave 0.28mi 4/1.5 1,600 (-3%) 6mo $109,900 $69 76
1109 Hays Park Ave 0.12mi 4/2.0 1,760 (+6%) 7mo $75,000 $43 76
1510 Egleston Ave 0.38mi 4/2.0 1,566 (-5%) 1mo $200,000 $128 71
855 Lay Blvd 0.11mi 3/1.5 (-1) 1,510 (-9%) 6mo $160,000 $106 70
923 Stockbridge Ave 0.19mi 3/2.0 (-1) 1,461 (-12%) 3mo $148,000 $101 62
1324 Jackson St 0.60mi 3/2.0 (-1) 1,630 (-2%) 8mo $200,000 $123 56
719 Millard Ct 0.74mi 4/1.0 1,522 (-8%) 2mo $165,000 $108 49
901 Clarence St 0.64mi 3/1.5 (-1) 1,494 (-10%) 3mo $174,900 $117 47
1522 Miller 0.69mi 3/1.0 (-1) 1,542 (-7%) 5mo $209,000 $136 45
1317 John St 0.71mi 4/2.0 1,428 (-14%) 0mo $187,000 $131 42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 6.41% rent growth · sell at horizon

5-year hold
IRR
-5.1%
Equity multiple
0.80×
Total profit
$-8,007
Equity at exit
$21,575
10-year hold
IRR
8.9%
Equity multiple
1.81×
Total profit
$32,628
Equity at exit
$12,511

Cash invested: $40,516 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
62 Landlord-Friendly
State Michigan
62 Landlord-Friendly · EVEN
County
— inherits STATE
City
— inherits STATE
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

ZIP-level market 49001

Rents YoY
6.4%
Active inventory
109
Price-to-rent
6.9×

Monthly cashflow live

Estimated rent
$1,742 medium interval (Pro) →
Mortgage (P&I)
$759
Tax from tax record
$414 /mo · $4,971/yr
Insurance
$60
HOA
$0
Vacancy / Maint / Mgmt
$366
Net cashflow
$143

Break-even live

Break-even rent $1,561
Max offer price $144,700
Occupancy floor 87%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$36,175
Closing costs
$4,341
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
807 Central Park Cir Kalamazoo, MI 1.0–3.0 1.0–2.0 1089 $2,345 $2.15 13d 12 1.32mi

Listing history 50 events

  1. 2026-06-18
    days on market $144,700 Active 125 DOM
  2. 2026-06-17
    days on market $144,700 Active 124 DOM
  3. 2026-06-16
    price $144,700 Active 123 DOM
  4. 2026-06-16
    days on market $149,900 Active 123 DOM
  5. 2026-06-15
    days on market $149,900 Active 122 DOM
  6. 2026-06-14
    days on market $149,900 Active 120 DOM
  7. 2026-06-13
    days on market $149,900 Active 119 DOM
  8. 2026-06-10
    days on market $149,900 Active 117 DOM
  9. 2026-06-09
    days on market $149,900 Active 116 DOM
  10. 2026-06-08
    days on market $149,900 Active 115 DOM
  11. 2026-06-07
    days on market $149,900 Active 114 DOM
  12. 2026-06-05
    days on market $149,900 Active 111 DOM
  13. 2026-06-03
    days on market $149,900 Active 110 DOM
  14. 2026-06-02
    days on market $149,900 Active 109 DOM
  15. 2026-06-01
    days on market $149,900 Active 108 DOM
  16. 2026-05-31
    days on market $149,900 Active 107 DOM
  17. 2026-05-30
    days on market $149,900 Active 106 DOM
  18. 2026-05-13
    price $149,900 822-char remark
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  19. 2026-05-13
    price $149,900 822-char remark
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  20. 2026-05-13
    price $149,900
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  21. 2026-04-23
    price $154,900 822-char remark
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  22. 2026-04-23
    price $154,900 822-char remark
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  23. 2026-04-23
    price $154,900
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  24. 2026-03-31
    price $159,000 822-char remark
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  25. 2026-03-31
    price $159,000 822-char remark
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  26. 2026-03-31
    price $159,000
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  27. 2026-03-14
    price $165,000 822-char remark
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  28. 2026-03-13
    price $165,000 822-char remark
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  29. 2026-03-13
    price $165,000
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  30. 2026-02-13
    listed $168,000 Active 822-char remark
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  31. 2026-02-13
    listed $168,000 Active 822-char remark
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  32. 2026-02-13
    listed $168,000 Active
    Show marketing remark (822 chars)

    Welcome to this beautifully updated and move-in ready home in the heart of Kalamazoo with 4 bedrooms and 1.5 bathrooms! Offering 1,514 square feet of living space above grade. Step inside to discover a brand-new kitchen complete with sleek stainless steel appliances, including a gas range, microwave, and refrigerator. The updated floor plan flows seamlessly with new flooring throughout. The main level features a convenient bedroom and updated half bath, plus a mudroom. You'll appreciate the basement's interior and exterior access--the unfinished space offers plenty of storage or work space. Upstairs, you'll find three spacious bedrooms and a fully updated full bath. Additional highlights include a garage and location within the Kalamazoo Promise qualified area. Additional highlights include a garage and locatio

  33. 2025-12-01
    historical
  34. 2025-11-30
    historical
  35. 2025-09-06
    listed $89,000 Active
  36. 2025-09-05
    listed $89,000 Active
  37. 2024-07-26
    soldstatus $42,500 Sold
  38. 2024-07-26
    soldstatus $42,500 Closed
  39. 2024-07-26
    soldstatus $42,500 Sold
  40. 2024-07-01
    status Pending
  41. 2024-07-01
    status Pending
  42. 2024-07-01
    status Pending
  43. 2024-05-06
    listed $65,000 Active
  44. 2024-05-06
    listed $65,000 Active
  45. 2024-05-06
    listed $65,000 Active
  46. 2024-05-04
    historical
  47. 2024-05-03
    historical
  48. 2024-03-05
    status Active
  49. 2024-03-05
    status Active
  50. 2024-02-23
    status Pending

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

Current annual tax
$4,971 · $414/mo
Projected year-2 tax
$4,971 · $414/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$20,903
− Mortgage interest
−$8,105
− Property taxes
−$4,971
− Insurance
−$724
− Repairs & maintenance
−$1,672
− Management
−$1,672
− Depreciation
−$4,209
Taxable loss
−$451
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$108
After-tax cash flow
$1,821/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Kalamazoo Public Schools
NCES district ID
2619950
Math proficiency
43% ▲ 13.00%
Reading proficiency
72% ▲ 33.00%
Median HH income
$35,291
Composite
47.48/100
National rank
#2275
State rank
#71 of 540 in MI

Livability — Kalamazoo

Score
76/100
State rank
#141
US rank
#3492

Category grades

Amenities C+ Commute A+ Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Kalamazoo, MI
County
Kalamazoo County · 224,317 people
City population
121,397
Metro
Kalamazoo-Portage, MI
Population (ZIP)
20,946
Household income
$56,432
Rent vs Own
48.1% rent · 51.9% own
Severe rent burden
1184.0

Population outlook (Kalamazoo County) Hauer SSP2

Today (2025)
280,982 people
By 2030
292,068 · +3.9%
By 2040
312,191 · +11.1%
By 2050
331,196 · +17.9%
By 2075
379,021 · +34.9%
By 2100
396,579 · +41.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.59)
Race & ethnicity
White 58% Black 22% Hispanic / Latino 15% Two or more races 5% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 13%
Common ancestry
Romanian 6% Iranian 4% Slovak 3%
Foreign-born
9% · Canada
Languages at home
84% English-only · Spanish 11% Arabic 2% Other Indo-European 1%

Political lean MEDSL · Kalamazoo

2024 margin
D (+17.7) · D 58.0% · R 40.3% · Other 1.7%
2008→2024 swing
-1.8pp toward R · 2008: 19.5pp · 2024: 17.7pp
All cycles
2024: D+17.7 2020: D+18.7 2016: D+12.8 2012: D+13.3 2008: D+19.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -264.90%
Current HPI
206.9355
Rent YoY
▲ 6.41%
Metro
Kalamazoo-Portage, MI
State GDP YoY
▲ 1.37%
F500 in state
28

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

+502.0% since first listed
45 events — show timeline
  • 2026-05-13 Price Changed $149,900 MiRealSource-MiMLS
  • 2026-05-13 Price Changed $149,900 REALCOMP
  • 2026-05-13 Price Changed $149,900 SW Michigan MLS
  • 2026-04-23 Price Changed $154,900 MiRealSource-MiMLS
  • 2026-04-23 Price Changed $154,900 REALCOMP
  • 2026-04-23 Price Changed $154,900 SW Michigan MLS
  • 2026-03-31 Price Changed $159,000 MiRealSource-MiMLS
  • 2026-03-31 Price Changed $159,000 REALCOMP
  • 2026-03-31 Price Changed $159,000 SW Michigan MLS
  • 2026-03-14 Price Changed $165,000 MiRealSource-MiMLS
  • 2026-03-13 Price Changed $165,000 REALCOMP
  • 2026-03-13 Price Changed $165,000 SW Michigan MLS
  • 2026-02-13 Listed $168,000 SW Michigan MLS
  • 2026-02-13 Listed $168,000 REALCOMP
  • 2026-02-13 Listed $168,000 MiRealSource-MiMLS
  • 2025-12-01 Listing Removed MiRealSource-MiMLS
  • 2025-11-30 Listing Removed REALCOMP
  • 2025-09-06 Listed $89,000 REALCOMP
  • 2025-09-05 Listed $89,000 MiRealSource-MiMLS
  • 2024-07-26 Sold (MLS) $42,500 SW Michigan MLS
  • 2024-07-26 Sold (MLS) $42,500 MiRealSource-MiMLS
  • 2024-07-26 Sold (MLS) $42,500 REALCOMP
  • 2024-07-01 Pending REALCOMP
  • 2024-07-01 Pending MiRealSource-MiMLS
  • 2024-07-01 Pending SW Michigan MLS
  • 2024-05-06 Listed $65,000 SW Michigan MLS
  • 2024-05-06 Listed $65,000 MiRealSource-MiMLS
  • 2024-05-06 Listed $65,000 REALCOMP
  • 2024-05-04 Listing Removed MiRealSource-MiMLS
  • 2024-05-03 Listing Removed REALCOMP
  • 2024-03-05 Relisted REALCOMP
  • 2024-03-05 Relisted MiRealSource-MiMLS
  • 2024-02-23 Pending MiRealSource-MiMLS
  • 2024-02-23 Pending REALCOMP
  • 2023-11-03 Listed $65,000 MiRealSource-MiMLS
  • 2023-11-03 Listed $65,000 REALCOMP
  • 2021-03-04 Sold (Public Records) $60,000 Public Records
  • 2015-12-01 Sold (Public Records) $45,000 Public Records
  • 2011-06-01 Sold (Public Records) $165,000 Public Records
  • 2006-03-31 Sold (MLS) $15,000 REALCOMP
  • 2006-03-31 Sold (MLS) $15,000 SW Michigan MLS
  • 2005-12-20 Listed $15,900 REALCOMP
  • 2005-12-20 Listed $15,900 SW Michigan MLS
  • 1986-06-19 Listed $24,900 REALCOMP
  • 1986-06-19 Listed $24,900 SW Michigan MLS

Property tax history

+23.9%/yr

Latest (2025): $4,971 · +13.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…