100 Crosby DrBattle CreekMI49014
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Battle Creek at 100 Crosby Dr, Battle Creek, MI, 49014 earns $902/mo cash flow from $2,155/mo rent with a $930/mo payment. Total monthly income totals $2,155/mo, and annual cash flow totals $10,824/yr on $62,985 capital. ROI tracks 37.09% on current figures, and rental yield reads 13.61% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 195.49% and total cumulative return in cash sums $123,132. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,155/mo property income instead of your personal income.
Single Family
Built in 1949
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49014, Battle Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,018 (100%) |
| Owner Occupied HU | 6,234 (69.1%) |
| Renter Occupied HU | 2,116 (23.5%) |
| Vacant Housing Units | 668 ( 7.4%) |
| Median Home Value | $208,502 |
| Average Home Value | $239,100 |
Housing Distribution
Address Breakdown
Residential
8,816
Single Family
7,914
Multi-Family
902
Businesses
451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl A Surprenant • David Brigham Real Estate Company
Mls Name: MichRIC
Mls Provider:
Mls ID: #24051281
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.