121 Minges CirBattle CreekMI49015
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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 121 Minges Cir, Battle Creek, MI, 49015 earns $156/mo cash flow from $2,134/mo rent with a $1,468/mo payment. Total monthly income totals $2,134/mo, and annual cash flow totals $1,874/yr on $99,417 capital. ROI tracks 21.79% on current figures, and rental yield reads 8.54% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 113.53% and total cumulative return in cash sums $112,864. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,134/mo property income instead of your personal income.
Single Family
Built in 1963
0.39 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
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Listed by: Mark L Haddock • RE/MAX Perrett Associates
Mls Name: MichRIC
Mls Provider:
Mls ID: #24062894
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.