RentalCalcs
ToolsMarket MapMy DealsPricingBlog
RentalCalcs

Professional real estate investment calculators to help you analyze deals faster and make confident investment decisions.

Product

  • Tools
  • Market Map
  • Pricing
  • Blog
  • About

Top Markets

  • Harris County, TX
  • Maricopa County, AZ
  • San Diego County, CA
  • Miami-Dade County, FL
  • Dallas County, TX
  • Clark County, NV
  • Browse All Markets →

Legal

  • Terms of Service
  • Privacy Policy
  • Contact

© 2025 RentalCalcs. All rights reserved.

Market MapMichiganKalamazoo

Kalamazoo County

MichiganPopulation: 261,426Kalamazoo, MI Metro
64
/100
Buy
#369 of 1,000 counties
#49 in Michigan (83 counties)

Market Snapshot

$263,226
Median Home Price
15% above national median
$1,298/mo
Median Rent
5% below national median
5.92%
Rent-to-Price Ratio
Top 48% nationally
-$536
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$263,226
Down Payment (20%)$52,645
Loan Amount$210,581
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,298
Monthly P&I-$1,380
Est. Expenses (35%)-$454
Net Cash Flow-$536/mo
3.9%
Cap Rate (all cash)
-10.6%
Cash-on-Cash Return
5.92%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.9% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
64/100
64
Cash Flow(30%)
59/100

Based on 5.92% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
78/100

Based on 2.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
72/100

Price-to-income ratio of 3.9x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Affordable relative to local incomes
  • +Complete rent data available

Challenges

  • -Negative cash flow at typical financing (-$536/mo)
  • -Negative leverage (cap rate 3.9% < mortgage rate 6.9%)

Economic Indicators

Population
261,426
Median Income
$67,905
vs $51,665 national est.
Unemployment Rate
—
Data pending
Price-to-Income
3.9x
Moderately affordable

Compare to Nearby Counties

CountyVerdict
CurrentKalamazooMI
64$263,226$1,2985.92%Buy
CrawfordMI
64$168,088Est. pending—BuyView
GogebicMI
64$121,518Est. pending—BuyView
OaklandMI
64$353,204$1,7175.83%BuyView
CassMI
63$246,034$1,2255.97%BuyView
NewaygoMI
63$234,226Est. pending—BuyView

The Bottom Line

BuyKalamazoo offers solid investment potential with good cash flow or appreciation prospects.

Kalamazoo County in Michigan scores 64/100, ranking #369 of 1,000 US counties (top 37%). The 5.92% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow
$-536/mo
Cap Rate
3.9%
Cash-on-Cash
-10.6%

Ready to Analyze a Deal in Kalamazoo?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRRHouse HackOwner-occupied strategyMultifamily5+ unit properties
Explore Other Markets