$1,400 - 4 Bedroom 1.5 Bathroom House In Kalamazoo With Great Amenities 
616 Terrace Ct is a 4 bedroom, 1.5 bathroom house located near downtown Kalamazoo.
This home was recently updated including paint and carpet. The front door opens into a spacious entry with coat closet. There is a living room and a dining room on the main floor also. The kitchen includes the range/oven, fridge and a dishwasher. There is also a half bathroom located off the kitchen.
Upstairs there are 3 bedrooms and a full bathroom. There is also a large bonus room/4th bedroom in the finished attic! A mini-fridge is included in the attic space and stays with the home.
Washer and dryer hookups are provided in the basement.
Access to 2 car detached garage is included.
Tenant is responsible for gas, electric, water/sewer, trash, lawn care and snow removal. 
No pets and No smoking!
Applicants are required to complete a rental application and authorize a credit, eviction, and background check.
Date Available: Mid-September. $1,400/month rent. $1,400 security deposit required. 
Please submit the form on this page or contact Omoyeni Properties, LLC at [Use CALL button] to learn more about eligibility requirements. 

Our Screening Process
• Applications are processed in the order they are received with all required documents and information
• An application cannot be approved until all aspects of the screening policy have been completed and reviewed by the property manager
• Housing is on a first-come, first-served basis, therefore we do not hold units until the application is approved and a deposit payment is made
• When an application is approved or denied, we will contact you
Income Requirements
• Each applicant is required to provide two (2) months of paystubs from employer as proof of income. 
• If employment is to begin shortly, applicant must provide an offer letter on company letterhead
• If applicant lists another source of income, they are required to provide proof of that income
• Self-employed applicants – must submit previous years filed tax return for income verification
• If an applicant does not demonstrate the ability to pay rent based on their income, a cosigner may be required (see Guarantor Requirements)
Credit Requirements
• Credit score must be at least 600
• Monthly income must be at least two and a half times the monthly rent amount, except using section 8 or other voucher (see below)
• No bankruptcies or foreclosures within the past 2 years.
• No more than 3 accounts in collection
• No more than $1,250 past due debt (medical bills and student loans disregarded).
• No evictions within the past 7 years.
• No outstanding utility collections or unpaid utility bills
• No balances owed to any prior Landlords
Criminal Requirements
• No Sex-Offenders subject to lifetime registration on the Sex Offender Registry
• No criminal convictions related to the manufacture and/or distribution of a controlled substance
• Per HUD criminal screening guidelines, no criminal history that indicates a demonstrable risk to resident safety and/or property
Guarantors 
• Credit score must be at least 700
• No more than one item in collection
• No more than $500 past due debt (medical bills and student loans disregarded)
• No bankruptcies or foreclosures within the past 7 years
Section 8/Vouchers
• All screening criteria are the same except that Monthly income must be at least equal to the tenant portion of monthly rent and amount required to pay for utilities. 
• Applicants must indicate on the application that they are using Section 8 or voucher and include the RFTA packet with their application documents. Applications will not be considered complete if the RFTA paperwork is not included. 
• If the applicant proceeds to the next stage, the required subsidy/assistance inspection will be scheduled.
• Once the required subsidy/assistance inspections have been completed on the property and the required repairs/modifications have been accepted by the owner/landlord and/or manager, the application process would proceed as usual per the “Pending Application and/ or Approved Application email”. This email will be sent to the applicant once the inspection report is accepted. 
• The applicant will then have 48 hours to submit payment for the holding fee equal to one month’s rent and reserve the property for up to 30 days. If the property is reserved with a holding fee and the applicant does not move in within 30 days the holding fee will be forfeited, the application will be canceled, and the home will be put back on the market for rent.
• At move in, the applicant is required to pay their portion of the monthly rent + the move in administration fee of $100 + security deposit.
• For any property that does NOT have a holding fee equal to one month’s rent paid in full we will continue to market the property for rent to any other qualified applicants. The property may be leased to subsequent approved applicants who complete the application and holding fee process sooner.

616 Terrace Ct

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