12441 Minges Rd SBattle 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 12441 Minges Rd S, Battle Creek, MI, 49015 offers a 11.05% rental yield on a $275,000 purchase with $2,532/mo rent. Total monthly income registers $2,532/mo, and a $1,346/mo payment leaves $719/mo available for distribution. Annual cash flow reaches $8,622/yr on $91,163 to close, and return on cash invested stands at 29.37% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 154.11% and total cumulative return in cash at $140,495. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,532/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
2 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: Alyssa Wenzel • NextHome ONE of Kalamazoo
Mls Name: MichRIC
Mls ID: #25046888