12601 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 12601 Minges Rd S, Battle Creek, MI, 49015 offers a 10.32% rental yield on a $240,000 purchase with $2,064/mo rent. Total monthly income registers $2,064/mo, and a $1,175/mo payment leaves $481/mo available for distribution. Annual cash flow reaches $5,772/yr on $79,560 to close, and return on cash invested stands at 27.16% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 142.25% and total cumulative return in cash at $113,174. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,064/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
1.90 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: Liz Beischer • Five Star Real Estate
Mls Name: MichRIC
Mls ID: #25048851