915 Hays Park Ave · Kalamazoo, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- 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?
- Built in 1911 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- IRR
- -5.1%
- Equity multiple
- 0.80×
- Total profit
- $-8,007
- Equity at exit
- $21,575
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
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2026-06-18days on market $144,700 Active 125 DOM
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2026-06-17days on market $144,700 Active 124 DOM
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2026-06-16price $144,700 Active 123 DOM
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2026-06-16days on market $149,900 Active 123 DOM
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2026-06-15days on market $149,900 Active 122 DOM
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2026-06-14days on market $149,900 Active 120 DOM
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2026-06-13days on market $149,900 Active 119 DOM
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2026-06-10days on market $149,900 Active 117 DOM
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2026-06-09days on market $149,900 Active 116 DOM
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2026-06-08days on market $149,900 Active 115 DOM
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2026-06-07days on market $149,900 Active 114 DOM
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2026-06-05days on market $149,900 Active 111 DOM
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2026-06-03days on market $149,900 Active 110 DOM
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2026-06-02days on market $149,900 Active 109 DOM
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2026-06-01days on market $149,900 Active 108 DOM
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2026-05-31days on market $149,900 Active 107 DOM
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2026-05-30days on market $149,900 Active 106 DOM
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2026-05-13price $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
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2026-05-13price $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
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2026-05-13price $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
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2026-04-23price $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
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2026-04-23price $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
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2026-04-23price $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
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2026-03-31price $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
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2026-03-31price $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
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2026-03-31price $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
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2026-03-14price $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
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2026-03-13price $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
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2026-03-13price $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
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2026-02-13$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
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2026-02-13$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
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2026-02-13$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
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2025-12-01historical
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2025-11-30historical
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2025-09-06$89,000 Active
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2025-09-05$89,000 Active
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2024-07-26soldstatus $42,500 Sold
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2024-07-26soldstatus $42,500 Closed
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2024-07-26soldstatus $42,500 Sold
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2024-07-01status Pending
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2024-07-01status Pending
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2024-07-01status Pending
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2024-05-06$65,000 Active
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2024-05-06$65,000 Active
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2024-05-06$65,000 Active
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2024-05-04historical
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2024-05-03historical
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2024-03-05status Active
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2024-03-05status Active
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2024-02-23status 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
- 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
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
- 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 |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
|
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| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
|
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Price history
+502.0% since first listed45 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%/yrLatest (2025): $4,971 · +13.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…