121 Elsinore LnBattle CreekMI49015
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 121 Elsinore Ln, Battle Creek, MI, 49015 at $409,914 posts ROI 20.48% with $65/mo cash flow from $2,768/mo rent. Total monthly income equals $2,768/mo, and annual cash flow records $782/yr on $135,886 to close. Return on cash invested measures 20.48% and rental yield reads 8.1% at the current $409,914. Equity gained on principal adds $2,645/yr, and 5% annual appreciation supports $113,252 by year five. Five-year ROI prints 106.48% and total cumulative return in cash totals $144,692.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,768/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49015, Battle Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,329 (100%) |
| Owner Occupied HU | 8,019 (65.0%) |
| Renter Occupied HU | 3,459 (28.1%) |
| Vacant Housing Units | 851 ( 6.9%) |
| Median Home Value | $189,927 |
| Average Home Value | $217,209 |
Housing Distribution
Address Breakdown
Residential
12,112
Single Family
11,268
Multi-Family
844
Businesses
819
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Veenstra • eXp Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25016961
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.