1115 Hamilton RdBattle CreekMI49017
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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 1115 Hamilton Rd, Battle Creek, MI, 49017 offers a 9.17% rental yield on a $439,000 purchase with $3,356/mo rent. Total monthly income registers $3,356/mo, and a $2,149/mo payment leaves $461/mo available for distribution. Annual cash flow reaches $5,528/yr on $145,529 to close, and return on cash invested stands at 23.71% in year one. Equity gained on principal adds $2,833/yr while 5% annual appreciation supports $121,288 over five years. Portfolio math shows five-year ROI at 123.74% and total cumulative return in cash at $180,080. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,356/mo property income against a $2,149/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
4.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49017, Battle Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,526 (100%) |
| Owner Occupied HU | 6,408 (67.3%) |
| Renter Occupied HU | 2,282 (24.0%) |
| Vacant Housing Units | 836 ( 8.8%) |
| Median Home Value | $164,086 |
| Average Home Value | $199,413 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
8,190
Multi-Family
1,004
Businesses
469
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Listed by: Jason Reicherts • Evenboer Walton, REALTORS
Mls Name: MichRIC
Mls ID: #25060495